According to a court document, Tesla CEO Elon Musk has subpoenaed his friend and former Twitter CEO Jack Dorsey as part of an effort in order to back out of his $44 billion agreement to accomplish the company Dorsey helped found.

HIGHLIGHTS
Twitter was subpoenaed a host of tech investors and entrepreneurs
Twitter failed to offer adequate information about the fake or spam bot accounts
Musk had agreed to pay 38 percent on top of Twitter's stock price

Twitter and Musk were headed for an October 17 trial in Delaware that ought to verify whether or not Twitter would be able to force the billionaire to go via the acquisition.

Twitter was subpoenaed a host of tech investors and entrepreneurs have connected to Musk which would include prominent venture capitalist Marc Andreessen and David Sacks, the founding chief operating officer of PayPal.

Musk had claimed that Twitter had failed to provide adequate information concerning the number of fake or spam bot, Twitter accounts, and it would breached its obligations under the deal by firing prime managers and peeling off an important number of employees.

Musk's team would expect additional information concerning the bot numbers to be disclosed within the trial court discovery method, when both sides must hand over the proof.

Twitter had argued that Musk's reasons for backing out were simply a cover for buyer's remorse.

When Musk had agreed to pay 38 percent on top of Twitter's stock price, the stock market was stumbled and shares of the electric-car maker Tesla, where most of Musk's personal wealth resides, lost over $100 billion of their worth.

Also Read: Twitter to Share Documents with the Information on Spam Accounts to Elon Musk