Isn’t it still possible for Musk to make a tender offer which then would have to go to a shareholder vote, or for the board to accept (or put to shareholder vote) the offer he did make? The point of the poison pill is that it prevents a certain type of hostile takeover and you may have reasonable opinions about whether or not such clauses are good/should be allowed, but I don’t think they stop takeovers in general, right?