--- title: "Former Twitter CEO Jack Dorsey was subpoenaed by Tesla Owner Elon Musk" description: "Tesla CEO Elon Musk has subpoenaed his friend and former Twitter CEO Jack Dorsey as part of an effort in order to back out of his $44 billion agreemen" author: "Siddhi Shaw" published: 2022-08-23 canonical: https://www.mindstick.com/news/1915/former-twitter-ceo-jack-dorsey-was-subpoenaed-by-tesla-owner-elon-musk category: "twitter" tags: ["twitter", "spamming", "fake id"] reading_time: 2 minutes --- # Former Twitter CEO Jack Dorsey was subpoenaed by Tesla Owner Elon Musk According to a court document, **Tesla CEO Elon Musk** has subpoenaed his friend and former **Twitter CEO [Jack Dorsey](https://answers.mindstick.com/qa/100054/why-does-jack-dorsey-think-india-has-killed-its-democracy)** as part of an effort in order to back out of his **$44 billion** agreement to accomplish the company **Dorsey** helped found. ``` HIGHLIGHTS Twitter was subpoenaed a host of tech investors and entrepreneurs Twitter failed to offer adequate information about the fake or spam bot accounts Musk had agreed to pay 38 percent on top of Twitter's stock price ``` **Twitter** and **Musk** were headed for an **October 17** trial in **Delaware** that ought to verify whether or not Twitter would be able to force the billionaire to go via the acquisition. Twitter was subpoenaed a host of tech investors and entrepreneurs have [connected](https://www.mindstick.com/articles/12941/link-building-and-search-engine-rankings-how-are-they-connected) to Musk which would include prominent venture capitalist **Marc Andreessen** and **David Sacks**, the founding chief [operating officer](https://answers.mindstick.com/qa/32080/which-company-appointed-barney-harford-as-chief-operating-officer) of **PayPal**. Musk had claimed that [Twitter](https://www.mindstick.com/news/1909/less-annual-bonuses-for-the-twitter-employees) had failed to provide adequate information concerning the number of fake or spam bot, Twitter accounts, and it would breached its obligations under the deal by firing prime managers and peeling off an important number of employees. Musk's team would expect [additional information](https://www.mindstick.com/forum/160484/error-failed-to-launch-debug-adapter-additional-information-may-be-available-in-the-output-window) concerning the bot numbers to be disclosed within the trial court discovery method, when both sides must hand over the proof. Twitter had argued that Musk's reasons for backing out were simply a cover for buyer's remorse. When Musk had agreed to pay **38 percent** on top of Twitter's stock price, the [stock market](https://www.mindstick.com/articles/43871/control-and-regulation-of-the-stock-market) was stumbled and shares of the electric-car maker [Tesla](https://www.mindstick.com/news/1851/in-order-to-avoid-the-twitter-fire-sale-elon-musk-had-sold-tesla-shares-worth-6-9-billion), where most of Musk's [personal wealth](https://answers.mindstick.com/qa/98966/which-person-holds-the-guinness-world-record-for-losing-the-largest-personal-wealth-in-history) resides, lost over **$100 billion** of their worth. Also Read: [Twitter to Share Documents with the Information on Spam Accounts to Elon Musk](https://www.mindstick.com/news/1882/twitter-to-share-documents-with-the-information-on-spam-accounts-to-elon-musk) --- Original Source: https://www.mindstick.com/news/1915/former-twitter-ceo-jack-dorsey-was-subpoenaed-by-tesla-owner-elon-musk Copyright © MindStick Software Pvt. Ltd. This Markdown version is provided for developers, AI systems, and offline reading.