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"text": "And I'm not saying people forced him to start the first offer. My point is that he did NOT throw away 40 billion to prove that he isn't afraid of shooting himself in the foot.\n\nTwitter's Covid share price peaked at \\~$70/share during Covid. Elon didn't think, when he made the offer, that he was vastly overpaying for Twitter.\n\nWhen Elon realized that he vastly, vastly overpaid for Twitter, and that he was now in a position where he had to shoot his foot, he tried to retreat. He hired lawyers and tried to get out of the transaction, but had to close in the end. \n\nSo no, he is not the kind of person to shoot his own foot to make a point. He won't leave Tesla just because his ridiculous pay package is shot down.",
"label": "r/wallstreetbets",
"dataType": "comment",
"communityName": "r/wallstreetbets",
"datetime": "2024-05-21",
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