Elon Musk sells nearly $7 billion worth of Tesla stock to fund his Twitter deal.

Many of those backing Mr Musk’s bid have been subpoenaed by Twitter in increasingly bitter legal proceedings.

Mr Musk questioned how Twitter counts its number of fake users. Twitter has defended its process, which it says includes proprietary and confidential information.

For the past several weeks, Twitter and Mr. Musk have argued over the details of the deal. Mr Musk unveiled his counterclaims last week against Twitter, accusing the social media company of “fraud” and forcing him into a sale. Twitter President Bret Taylor called his claims “factually inaccurate, legally insufficient and commercially irrelevant”.

At the same time, Mr. Musk appeared to take a more open tone about the possibility of getting the deal done. At Tesla’s Investor Day last week, he spoke about the changes he would make to Twitter if he ran it.

On Saturday, he tweeted: “If Twitter just provides its method of sampling 100 accounts and how they are confirmed to be real, the deal should continue on the original terms.”

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