Elon Musk of Tesla says the number of fake and spam accounts is "wildly higher" than the 5% that Twitter says. He wants to terminate the agreement with Twitter on grounds that Twitter made "materially inaccurate representations." Twitter is planning to file a lawsuit to compel Mr. Musk to keep the agreement.
Mr. Musk's Tesla Motors lost a third of its value during the period of the agreement. The slow growth in the US economy and in China presents problems for Tesla.
Mr. Musk's statement about social media as the future of civilization is more evidence of the kind of statements that are thrown around these days with a complete misconception of what civilization, health, moral wellbeing, even common sense are about.