Musk insisted that staff return to the office because he was unsure they were working from home properly if they could not bask in his glory. However, at the same time he closed office spaces to save costs and is trying to renegotiate existing lease agreements. But with rent clearly in the forefront of his mind he appears to have forgotten to sign the rent cheque and now owes $136,250 to the Columbia Property Trust.
Per the lawsuit filed with the San Francisco Superior Country Court, Twitter failed to pay for its office space on the 30th floor of the Hartford Building at 650 California Street. It is different from the company's headquarters at Market Square.
In the lawsuit, the landlord alleged that Twitter was notified in mid-December that it will be in default of its lease obligations if it fails to pay rent within five days. But apparently, Musk did not come up with the readies. California Property Trust has accused Twitter of breaching the contract.
The office space in San Francisco is not alone in Twitter's 'unpaid rent' column. Last month, The New York Times reported that Twitter stopped paying rent on all of its global offices, because apparently, that is what you do.
The company has also reportedly decided to close its Seattle office amid an eviction threat. The company has cut janitorial and security service at the Seattle office, per The New York Times. Musk apparently told staff that they had to bring in their own bog roll because, despite him being a financial genius he can't find the money. We doubt they would risk bringing the one pictured, but it does have some revenge value.
But it is not just Twitter which is proving a thorn in Musk's side. South Korea's antitrust regulator said it would impose $2.2 million fine on Tesla because it failed to tell users that their electric vehicles (EVs) had a shorter range when the temperature became lower.
The Korea Fair Trade Commission (KFTC) said that Tesla had exaggerated the "driving ranges of its cars on a single charge, their fuel cost-effectiveness compared to gasoline vehicles as well as the performance of its Superchargers" on its official local website.
In addition, the regulator will levy an extra 1 million won on Tesla for violating the electronic commerce act because it failed to provide enough information on its cancellation policy. The Free Trade Commission said it plans to send a notice to Tesla explaining how it can address the raised concerns. We assume that Musk will solve the crisis by making Tesla workers being their own bog roll to work too.
On Monday, Tesla issued its Q4 2022 and full-year 2022 production and delivery figures. It revealed that deliveries had grown in 2022 but only by 40 per cent, that’s below the 50 per cent goal that the company had envisioned.