Twitter Shareholder

In a decision on Monday, US District Judge Charles Breyer in San Francisco said plaintiff William Heresniak lacked standing to sue because he challenged "wrongs associated with" Musk's buyout, not the fairness of the buyout itself.

Elon Musk's former chief of staff Sam Teller testified during a Tesla shareholder trial on Wednesday that Elon Musk believed he had a "handshake deal" with representatives from Saudi Arabia's Public Investment Fund to take the company private. Teller's testimony came on the ninth day of a trial triggered by a class-action lawsuit filed on behalf of...

Elon Musk may have caused billions of dollars in damages to investors due to his 2018 tweets declaring he had secured the financing required to take Tesla private. Depending on the verdict, Musk and the electric automaker that he runs could be facing more financial fallout for his unpredictable behavior on the Twitter platform, which he now owns

Elon Musk asked a U.S. judge to throw out a lawsuit claiming that his delayed disclosure of a large stake in Twitter Inc defrauded shareholders who sold Twitter stock at artificially low prices because they were kept in the dark.

Elon Musk, who now owns the Twitter service that he deploys as his megaphone, was often a study in contrasts during his roughly eight hours on the stand during the ongoing Tesla tweet trial. The CEO of the electric carmaker is facing a class-action lawsuit filed on behalf of Tesla shareholders after Musk tweeted about a company buyout that didn’t...

Elon Musk on Tuesday defended himself against a class action lawsuit filed by Tesla shareholders over his 2018 "funding secured" tweets about a possible buyout of Tesla that never took place. He spent much of his testimony depicting himself as a trustworthy business leader capable of raising as much money as he needs to pursue his visions.

Elon Musk on Friday defended his tweet from 2018 claiming that he had lined up funding to take Tesla private in a class-action lawsuit by shareholders claiming he misled investors. The Tesla CEO delivered sworn testimony in a US court in front of a nine-person jury and a full room of media and other spectators, and the trial was adjourned for the w...

Tesla investors' lawyer told jurors in the lawsuit against Elon Musk that the billionaire's lies about having funding in place to take the company private had cost his clients millions of dollars in 2018. The first witness, a 71-year-old man, told jurors Elon Musk's tweet about taking the company private threatened almost all the money he had inves...

A Tesla engineer has testified during Elon Musk's ongoing shareholder lawsuit that the company's promotional video in 2016 showing off the vehicle's capabilities like stopping at a red light and accelerating at a green light was staged and the vehicle did not have those capabilities. The video was released in October 2016 and promoted on Twitter by...

Elon Musk is set to face a trial in a US court over his tweets about Tesla from 2018, triggered by a class-action lawsuit on behalf of investors who owned Tesla stock for a 10-day period in that year. Here's why the beleaguered billionaire, who took Twitter private last year, is facing a trial over a firm that he didn't.

Elon Musk will get a fair trial over his "funding secured" claims for the electric vehicle manufacturing firm, shareholders told a federal court. In a court filing, the investors said what Musk referred to as 'biased' coverage was, in fact, factual reporting about his management of Twitter, and had no bearing on a jury's ability to render a fair ve...

Elon Musk's lawyers have asked a federal judge in the US to move a Tesla shareholder trial to Texas from California, claiming that he would not get a fair trial in the state. The billionaire has asked the court to postpone the trial until negative publicity regarding the billionaire’s purchase of Twitter has died down, if moving the trial is not ...

Elon Musk on Wednesday defended his $56 billion (roughly Rs. 4,56,800 crore) pay package in a US court, in a lawsuit filed by a shareholder. The Tesla CEO said that he made some decisions without the approval of the company's board. However, the testimony did not definitely prove who developed Musk's 2018 pay package or establish whether it was a p...

Elon Musk is set to take the stand on Wednesday as part of an ongoing trial over his $50 billion compensation as Tesla CEO, filed by a shareholder. The complaint by shareholder Richard Tornetta, who accuses Musk of "unjustified enrichment" and asked for the annulment of a pay program that helped make the entrepreneur the richest man in the world. T...

Elon Musk sold at least $3.95 billion (roughly Rs. 32,200 crore) of Tesla shares days after the world's richest man completed his Twitter takeover deal. The Tesla CEO unloaded 19.5 million shares of the EV manufacturer's shares, his first disposals since August, according to regulatory filings. The deal has also sparked concern among some Tesla s...

In a decision on Monday, US District Judge Charles Breyer in San Francisco said plaintiff William Heresniak lacked standing to sue because he challenged "wrongs associated with" Musk's buyout, not the fairness of the buyout itself.

Elon Musk's former chief of staff Sam Teller testified during a Tesla shareholder trial on Wednesday that Elon Musk believed he had a "handshake deal" with representatives from Saudi Arabia's Public Investment Fund to take the company private. Teller's testimony came on the ninth day of a trial triggered by a class-action lawsuit filed on behalf of...

Elon Musk may have caused billions of dollars in damages to investors due to his 2018 tweets declaring he had secured the financing required to take Tesla private. Depending on the verdict, Musk and the electric automaker that he runs could be facing more financial fallout for his unpredictable behavior on the Twitter platform, which he now owns

Elon Musk asked a U.S. judge to throw out a lawsuit claiming that his delayed disclosure of a large stake in Twitter Inc defrauded shareholders who sold Twitter stock at artificially low prices because they were kept in the dark.

Elon Musk, who now owns the Twitter service that he deploys as his megaphone, was often a study in contrasts during his roughly eight hours on the stand during the ongoing Tesla tweet trial. The CEO of the electric carmaker is facing a class-action lawsuit filed on behalf of Tesla shareholders after Musk tweeted about a company buyout that didn’t...

Elon Musk on Tuesday defended himself against a class action lawsuit filed by Tesla shareholders over his 2018 "funding secured" tweets about a possible buyout of Tesla that never took place. He spent much of his testimony depicting himself as a trustworthy business leader capable of raising as much money as he needs to pursue his visions.

Elon Musk on Friday defended his tweet from 2018 claiming that he had lined up funding to take Tesla private in a class-action lawsuit by shareholders claiming he misled investors. The Tesla CEO delivered sworn testimony in a US court in front of a nine-person jury and a full room of media and other spectators, and the trial was adjourned for the w...

Tesla investors' lawyer told jurors in the lawsuit against Elon Musk that the billionaire's lies about having funding in place to take the company private had cost his clients millions of dollars in 2018. The first witness, a 71-year-old man, told jurors Elon Musk's tweet about taking the company private threatened almost all the money he had inves...

A Tesla engineer has testified during Elon Musk's ongoing shareholder lawsuit that the company's promotional video in 2016 showing off the vehicle's capabilities like stopping at a red light and accelerating at a green light was staged and the vehicle did not have those capabilities. The video was released in October 2016 and promoted on Twitter by...

Elon Musk is set to face a trial in a US court over his tweets about Tesla from 2018, triggered by a class-action lawsuit on behalf of investors who owned Tesla stock for a 10-day period in that year. Here's why the beleaguered billionaire, who took Twitter private last year, is facing a trial over a firm that he didn't.

Elon Musk will get a fair trial over his "funding secured" claims for the electric vehicle manufacturing firm, shareholders told a federal court. In a court filing, the investors said what Musk referred to as 'biased' coverage was, in fact, factual reporting about his management of Twitter, and had no bearing on a jury's ability to render a fair ve...

Elon Musk's lawyers have asked a federal judge in the US to move a Tesla shareholder trial to Texas from California, claiming that he would not get a fair trial in the state. The billionaire has asked the court to postpone the trial until negative publicity regarding the billionaire’s purchase of Twitter has died down, if moving the trial is not ...

Elon Musk on Wednesday defended his $56 billion (roughly Rs. 4,56,800 crore) pay package in a US court, in a lawsuit filed by a shareholder. The Tesla CEO said that he made some decisions without the approval of the company's board. However, the testimony did not definitely prove who developed Musk's 2018 pay package or establish whether it was a p...

Elon Musk is set to take the stand on Wednesday as part of an ongoing trial over his $50 billion compensation as Tesla CEO, filed by a shareholder. The complaint by shareholder Richard Tornetta, who accuses Musk of "unjustified enrichment" and asked for the annulment of a pay program that helped make the entrepreneur the richest man in the world. T...

Elon Musk sold at least $3.95 billion (roughly Rs. 32,200 crore) of Tesla shares days after the world's richest man completed his Twitter takeover deal. The Tesla CEO unloaded 19.5 million shares of the EV manufacturer's shares, his first disposals since August, according to regulatory filings. The deal has also sparked concern among some Tesla s...