Most likely the board will reject it given that they are hiring Goldman Sachs to review on Twitter intrinsic value but little did they know that Goldman Sachs have one analyst on tipranks whom gave a 30 dollars price target and a sell rating on it. This already proves that the board of directors of Twitter needs to go right now. On the other hand Elon musk kept an imaginary price ceiling on Twitter stock at 54.2. This likely means that Twitter will most likely not go above 54.2. So, Elon could scoop more stocks at a cheaper price. Elon have 71 million shares of Twitter right now. He needs 51% of the company's shares in order to fire the board of directors which means he still lacks about 300+ million shares. Knowing Elon, he most likely will go through this route. If Twitter does accept his offer, I think it is pretty unlikely for Elon to sell Tesla shares just to get Twitter private. He will most likely borrow money from the bank as interest rates are still low and the loan will get approved given Elon's net worth. What we are witnessing right now is Elon is playing 4d chess with Twitter board of directors while on the other hand the board of directors on Twitter is just playing checkers with Elon.