For people not reading the article, Twitter was facing a class action lawsuit, but they successfully sued to force employees to go through arbitration, which avoids a class action suit. Only problem is that arbitration rules say the employee has to pay a small fee for filing, but the company has to pay the arbitration costs. Twitter filed to force the costs to be split with the employee, but the organization that overseas arbitration said that's against their rules and has refused to engage in any arbitration activities that Twitter isn't paying for. The pricetag could be millions, and Twitter is simply not paying, so now the employees are suing to force Twitter to pay.
It is not legal for employees alleging sexual assault or harassment. Because Congress passed a law making that illegal. Also, it is not legal for baggage handlers, because the Supreme Court said there's an exemption for working in interstate commerce. IIRC Congress tried to ban it across the board last year, but it died in the Senate and then the House flipped so there won't be another chance for a few years at least.
I am loathe to admit I was a fan (though not really a boy about it) in the early days of Tesla and SpaceX. I don't even necessarily think I was wrong at the time, mind you — whether or not he deserved the credit for their achievements, his companies were pushing electric cars and rocketry in the right direction IMO — it's just sad to see that once the curtain was pulled back, there was nothing but a narcissistic and delusional huckster behind it all.
Hey, I'm not really blaming them (although his blue check dogs are something else), people are not immune to propaganda and advertising, and billionaires have PR agents for a reason
I'll admit I was a minor fan of him. He seemed to have his ego pointed in a good direction. It was around the time those kids got stuck in a cave that I realised something was off.
I was never a hyper fan, but I'll admit I was completely taken in by his PR machine, for a time.
Oh man, you nailed the turning point. Literally everyone with eyes could look at the cross section map of the cave and immediately see that a rigid vessel was not going to get even half way through. And then the tweet calling the lead rescuer a paedo? I never liked the guy but that’s when I began to really dislike him. What an utter twat.
The reason he's able to skip so much stuff, is what he skipped on first had escrow accounts to cover missed payments.
Those are pretty much all drained now, so consequences are coming since he was obligated to refund the escrows in x days/months. That's why it seems like he's "getting away with it" for so long.
He's not paying these because the other option is not paying his loans.
If he doesn't pay them, they force him to sell a bunch of Tesla stock, doing so would drop the price and it's already way lower than when he got the loans.
I think he knew Twitter was a turd and wanted to use it as an excuse to dump Tesla stock without killing Tesla share value. The plan went awry when he couldn’t weasel out of the deal as planned and was forced to actually buy a company that was dead weight.
Dude is the richest person in the world. Penny pinching and denying his former employees their due when he rapidly raises his wealth is outright evil. Well, I guess there is a reason why no good human ever accumulates hundreds of billion dollars. If you are good, your conscience will force you to use your wealth to make other's lives better and you will lose your big B tag.
That's exactly how you get wealthy. Screw anyone you can, threaten them with eternal lawsuits, and you can get a huge discount on labour and other costs. Trump was famous for pulling the same shit.
Totally drinking the Gospel of Wealth Kool aid. You grind as much money as possible doing evil shit and then give a bunch of money away when you're old so people remember you well and you get to direct the world through philanthropy. Carnegie 101
It's not even just accumulating and giving that money away due to conscience. Nobody with a conscience could do what it takes to accumulated that large sum of wealth in the first place. You have to stomp on people and actively hurt the people around you.
It's like, he doesn't know whether or not it's going to work, so delays paying anybody (except obviously the lawyers) as long as possible. When it really doesn't work out, nobody gets paid. If it somewhat works out, he negotiates the payment down. Do you want it, or do you want more delay?
I'm a little surprised that Twitter can just refuse to come to the table without simply losing by default. But I suppose they wrote the terms of the arbitration agreement, so... not that surprised.