Musk Targets Twitter Board as Company Adopts ‘Poison Pill’

Musk Targets Twitter Board as Company Adopts ‘Poison Pill’
Elon Musk's twitter account is seen on a smartphone in front of the Twitter logo in this photo illustration taken on April 15, 2022. Dado Ruvic/Illustration/Reuters
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Elon Musk took a swipe at the board of Twitter on Monday after the social media company adopted a “poison pill” to protect itself from the second-biggest shareholder’s $43 billion cash buyout offer.

“Board salary will be $0 if my bid succeeds, so that’s ~$3 million/year saved right there,” Musk tweeted in response to a user’s post criticizing the board.