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The Times of India
The Times of India
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TIMESOFINDIA.COM

Tesla chief Elon Musk offers to buy Twitter for $41 billion

Elon Musk Twitter Inc. Kimbal Musk Tesla Inc. United States Company SEC New Delhi

NEW DELHI: Days after refusing to be a part of Twitter's board, Tesla chief Elon Musk on Thursday offered to buy the social media company for a whopping $41 billion in cash.

In a letter to Twitter chairman Bret Taylor, Musk said that the company needs to go private in order to see effective changes.

"Since making my investment I now realize the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company," Musk wrote.

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