Musk humiliated by Twitter investors

Twitter shareholders voted against re-electing Elon Musk friend Egon Durban as a director on May 25.
Durban, co-head of Silver Lake, joined with Musk to take Tesla private as CEO.

During Twitter's annual shareholder meeting, CEO Parag Agrawal refused to address Musk's acquisition bid.
He stayed mute for regulatory reasons.

Musk's recent efforts might be a ploy to renegotiate the $44 billion acquisition bid by demanding a lesser price of $54.20 per share or backing out of the agreement.

Twitter's board approved the buyout price and is committed to the agreement.
Twitter's market cap fell $8 billion Musk's offer

Musk, who also runs SpaceX, has asked the SEC to examine Twitter's phoney accounts.
The billionaire attacked Twitter's board and administration since April 14.

Musk challenged Twitter's board by claiming the acquisition bid is off the table by May 17.
"Twitter's SEC filings influenced my offer.