
Elon Musk’s Tesla tweet trial delves into investor damages
Depending on the verdict, the billionaire and the electric automaker that he runs could be facing more financial fallout for his unpredictable behavior on the Twitter platform

Depending on the verdict, the billionaire and the electric automaker that he runs could be facing more financial fallout for his unpredictable behavior on the Twitter platform

The electric vehicle maker cautioned that if the government decides to pursue an enforcement action, it could possibly have a material adverse impact on its business

The two haven’t had the smoothest of relationships with the president, a big supporter of labor unions, disappointed by the Tesla owner’s refusal to allow them into his factories

Elon Musk said that despite price cuts of up to 20% on some vehicles announced earlier this month, demand for the comany’s products is strong

The Crown Estate filed a lawsuit last week against the social network, which has not paid rent on its worldwide office spaces for several weeks in an effort to cut costs

The billionaire spent much of Tuesday depicting himself as an impeccably trustworthy business leader capable of raising as much money as he needs to pursue his visions

The billionaire is facing a class action lawsuit filed by investors alleging he misled them with a tweet saying funding was secured to take his electric car company private

The partnership positions the company to sharpen its competition with Google in commercializing new AI breakthroughs

On Friday, the impulsive billionaire said that tweeting is “most democratic way” to communicate with investors

The case is focused on two August 2018 tweets that the billionaire posted on the Twitter service that he now owns

Even when all added up, the money raised from the auction, is unlikely to make a dent in Twitter’s financial obligations

The judge and the lawyers ended up grilling seven of those jurors, who described the billionaire as ‘arrogant,’ ‘narcissistic,’ ‘unpredictable,’ ‘a little off his rocker,’ ‘a mercenary’ and ‘a genius’

Judge Edward Chen rejected the billionaire’s bid to transfer the case to a federal court in Texas, where the company moved its headquarters in 2021

The electric car company has lost more than 70% of its value on the stock market and analysts doubt that it can maintain its market share in the long term

The company dropped prices nearly 20% in the United States on some versions of the Model Y SUV, its top seller

In Las Vegas, congestion means that cars are forced to move along at a snail’s pace. The Tesla CEO wants to change the status quo, with special routes for electric vehicles

The business magnate’s net value dropped significantly due to Tesla’s stock crash, while other tech chiefs also saw major losses, according to the Bloomberg Billionaires Index

The former kickboxer, who rose to fame on the British version of ‘Big Brother,’ was detained in Romania on suspicion on leading a criminal network exploiting women from US and UK

Businessmen and industry representatives say that the electric car factory’s anticipated arrival in Nuevo León confirms that the northern state is an important focus of the Mexican automotive industry

The esteemed epidemiologist, who has served under seven US presidents, is stepping down from his post to cheers from the scientific community and jeers from right-wing politicians

After a turbulent two months at the helm of the social media company, the Tesla and SpaceX founder ran a vote of confidence on the app and has now agreed to abide by the results after 57% of people said he should step down

The energy crisis has lifted Indian businessman Gautam Adani, who survived the Mumbai terrorist attack, to the podium of the global rich list with an estimated fortune of $125 billion

The billionaire launched the 12-hour poll after admitting he made a mistake in banning mentions of rival social media websites

In the 1970s, a person would have been considered to have a problem if they worked more than 50 hours a week; today the emphasis has shifted to the distribution of time

The rapper had published an image of a Nazi Swastika merged with the Star of David and praised Hitler on ‘Infowars’

The Twitter owner said pending FDA approval a procedure to insert a semiconductor allowing the brain to connect with a computer via Bluetooth could be tested in six months

There has been a rise in cases of identity theft using account verification and Twitter Blue as lures, according to industry firm Proofpoint