Elon Musk's cost-cutting campaign at Twitter extended to not paying rent, claims landlord

[Pete Ross Junior]

Elon Musk's cost-cutting campaign at Twitter extended to not paying rent, claims landlord
The Register

While we all enjoyed a brief holiday season of not having to think about Twitter or its new owner, one landlord has alleged that Elon Musk's cost-cutting campaign at the company has extended to not paying rent.

According to a lawsuit [PDF] filed by Columbia Property Trust, which owns the office tower at 650 California Street in San Francisco, where Twitter rents the 30th floor, the social media platform owes it an estimated sum of $136,260.00.

(Funny side note: The Register has an office on the sixth floor of 650 California and elsewhere in the city.)

Included in the filing is the default notice, sent on December 16, which warns Twitter to pay the outstanding balance within five business days or face the property owner's wrath.

With the lawsuit at the Superior Court of California for the County of San Francisco dated December 29, it's fair to guess the bill wasn't settled. We've asked but likely won't receive a response because Twitter's press office has been eliminated.

...

Emphasis added.

To my way of thinking, the real news isn't that Elon Musk stiffed a creditor.
It's that he eliminated the press office.

[Joinfortmill]

1. Seems he spent all that money to destroy Twitter...

More to this than meets the eye.

[SergeStorms]

2. Hey, if it works for Donald Trump....

why can't it work for Eloon?

I think everyone should stop paying their bills. What a boost to the economy that would be (temporarily, anyway).

[Buns_of_Fire]

3. Why didn't I think of that? It's beautiful in its simplicity!

*sigh* I guess that's why I'll never be a worshipped billionaire like Rump or Musk. I'm just not anywhere near as financially savvy.

[EYESORE 9001]

4. If you're rich enough, it's 'cost cutting'

Everyone else is called a deadbeat.

[dalton99a]

5. Kick

[Silent3]

6. I wonder if landlords can be tougher with business properties than residential properties?

Obviously the law gives a fair amount of slack to residential tenants to prevent people from being swiftly tossed out into the street because of a single missed payment, but (and I'm sure this varies state-to-state, city-to-city) what about business tenants?

If I were Twitter's landlord, I'd cut power to their offices until they pay up or leave.

[Pete Ross Junior]

7. The only recourse is to sue. n/t