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Re:Musk’s refusal to pay rent adds to Goldman Sachs bad prop... by jprd on Saturday June 10, 2023 @07:22PM (#36276347)
Re:Musk’s refusal to pay rent adds to Goldman Sachs bad prop... by clouddrover on Saturday June 10, 2023 @08:10PM (#36276669)
> Twitter stopped paying its rent in November and Elon Musk, the billionaire owner of the social media network, has told employees he does not intend to restart payments or cover past dues

What's his justification for not paying rent other than "I don't wanna"?

Re:Musk’s refusal to pay rent adds to Goldman Sachs bad prop... by 0zemp3c on Saturday June 10, 2023 @08:27PM (#36276775)
He knows the "landlords" have no leverage
Re:Musk’s refusal to pay rent adds to Goldman Sachs bad prop... by crote on Saturday June 10, 2023 @09:33PM (#36277073)
What's preventing them from just kicking Twitter out of their buildings?
Re:Musk’s refusal to pay rent adds to Goldman Sachs bad prop... by DANmode on Saturday June 10, 2023 @10:27PM (#36277364)
Potential future value, lack of political will power on the end of those orgs they would need to assist (does the Sheriff want a picture carrying a Twitter bro out of his cube, etc).
Re:Musk’s refusal to pay rent adds to Goldman Sachs bad prop... by cozzyd on Saturday June 10, 2023 @10:31PM (#36277387)
The landlord might think that there is a higher chance of Twitter eventually paying ( through lawsuit or good will) than finding another tenant, or something. Which might be true, but is still a shitty move.
Re:Musk’s refusal to pay rent adds to Goldman Sachs bad prop... by pg_1234 on Sunday June 11, 2023 @09:12AM (#36281062)
Or, if the market value of Twitter approaches the unpaid bills, the landlord seizes Twitter and sells it off to settle the debt ...
Re:Musk’s refusal to pay rent adds to Goldman Sachs bad prop... by cozzyd on Sunday June 11, 2023 @09:40AM (#36281267)
Indeed maybe this is what Musk is hoping for...
Re:Musk’s refusal to pay rent adds to Goldman Sachs bad prop... by more_corn on Saturday June 10, 2023 @10:42PM (#36277470)
Nothing, they have initiated legal action. They should chain the doors shut. If musk wants people to work from the office he Reilly should oughta pay the rent.
Re:Musk’s refusal to pay rent adds to Goldman Sachs bad prop... by adfm on Saturday June 10, 2023 @09:52PM (#36277170)
Interesting strategy. GCP too: https://news.ycombinator.com/item?id=36274884