Verdict:right to deliberationFeb 4, 2023 11:59 amReading time: 2 minsOpen detailed viewElon Musk in Washington at the end of January. (Photo: JONATHAN ERNST/REUTERS)Elon Musk is not responsible for the fact that investors who bet on falling Tesla stock prices after a tweet lost a lot of money. It's important that the jury made that decision.From Jurgen Schmieder, Los AngeleslistenNoticeSplitfeedbackElon Musk is not responsible for the fact that investors who, after his August 7, 2018 tweet ("Considering taking Tesla public for...
Tesla shareholders have failed in a class action lawsuit against CEO Elon Musk over his 2018 tweets. The nine jurors came to the conclusion on Friday (local time) after only around two hours of deliberations that the plaintiffs could not prove that Musk was responsible for their losses in the stock market.The proceedings in San Francisco involved two tweets in which Musk announced in August 2018 that he wanted to take the electric car manufacturer off the stock exchange. It...
Tesla: Elon Musk acquitted in trial over misleading tweetsTHE MIRRORTesla: Elon Musk acquitted in trial over misleading tweetsPICTURETesla: Elon Musk acquitted in fraud casezeit.deCourt - Tesla investors fail in class action lawsuit against MuskNorth Bavarian CourierMarket manipulation: Tesla investors fail with class action lawsuit against MuskHandelsblatt See more on the topic in Google Newssource site
Status: 02/04/2023 02:38 am Four and a half years ago, Elon Musk announced that he wanted to take Tesla private and that he had the funding to do so. A few weeks later he canceled the project. A legal dispute with investors who felt cheated has only now ended. Tesla shareholders have failed in a class action lawsuit against CEO Elon Musk over his 2018 tweets. After deliberating for around two hours, the nine jurors concluded that the plaintiffs could...
Tesla: Elon Musk acquitted in trial over misleading tweetsPICTURETesla: Elon Musk acquitted in trial over misleading tweetsTHE MIRRORCourt: Tesla investors fail class action lawsuit against Muskzeit.deMarket manipulation: Tesla investors fail with class action lawsuit against MuskHandelsblatt Misleading Tweets: Tesla Shareholders Fail With Class Action Lawsuit Against Elon Musk20 minutesSee more on the topic in Google Newssource site
This is a major victory for Elon Musk. The businessman was found not guilty of fraud on Friday by a California jury charged with determining whether his 2018 tweets claiming he was going to take his company Tesla out of the stock market violated stock market laws.Jurors quickly reached that verdict on Friday after a three-week trial sparked by complaints from investors claiming they were harmed by the stock price swing his tweets triggered.“Secure” financingHe had created amazement on August...
from Jannis Bruehl and Simon HurtzYou have to give Elon Musk one thing: Twitter still works. For months, former employees and developers have suspected that the platform could soon collapse. But the social network has even coped with a major event like the World Cup, which puts a particular strain on servers and technical infrastructure due to the large number of tweets. source site
You have to give Elon Musk one thing: Twitter still works. For months, former employees and developers have suspected that the platform could soon collapse. But the social network has even coped with a major event like the World Cup, which puts a particular strain on servers and technical infrastructure due to the large number of tweets.Musk has really done a lot to ruin Twitter. Apart from all the substantive controversies - Musk courts right-wing extremists, advertisers cancel bookings, a...
Twitter Loss of rent in London: Why Elon Musk is now King Charles III. owes money King Charles III is a large landowner through his "Crown Estate" - and thus also a landlord of Twitter. © Aaron Chown Twitter no longer pays rent for most offices around the world. In London, the building where Twitter is based is owned by the British Crown via the "Crown Estate". Twitter is now suing them for outstanding money. Twitter needs every penny —...
Twitter Loss of rent in London: Why Elon Musk is now King Charles III. owes money King Charles III is a large landowner through his "Crown Estate" - and thus also a landlord of Twitter. © Aaron Chown Twitter no longer pays rent for most offices around the world. In London, the building where Twitter is based is owned by the British Crown via the "Crown Estate". Twitter is now suing them for outstanding money. Twitter needs every penny —...