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Jury: Musk Didn’t Defraud Investors with 2018 Tesla Tweets

SAN FRANCISO (AP) — A jury on Friday decided Elon Musk didn’t defraud investors with his 2018 tweets about electric automaker Tesla in a proposed deal that quickly unraveled and raised questions about whether the billionaire had misled investors. The …

Elon Musk’s Tesla Tweet Trial Delves into Investor Damages

SAN FRANCISCO (AP) — An Elon Musk tweet declaring he had the financing to take Tesla private in 2018 caused billions of dollars in investor damages after the deal collapsed, according to estimates presented Tuesday at a trial examining the …

JPMorgan Sues Tesla For $162M After Musk Tweets Soured Warrant Deal

NEW YORK–JPMorgan Chase & Co has sued Tesla Inc for $162.2 million, accusing Elon Musk’s electric car company of “flagrantly” breaching a contract the two corporate giants agreed in 2014 relating to warrants Tesla sold to the bank. Warrants give …

Tesla Can’t Duck Lawsuit Over Musk’s Take-Private Tweet

Tesla Inc. must face an investor lawsuit over Elon Musk’s notorious 2018 tweet about taking the electric car maker private. The ruling means Tesla will have to provide documents and other evidence to the plaintiffs as the case moves forward. …

U.S. Health Agency Suffers Cyber-Attack During Covid-19 Outbreak

The U.S. Health and Human Services Department suffered a cyber-attack on its computer system Sunday night during the nation’s response to the coronavirus pandemic, according to three people familiar with the matter. The attack appears to have been intended to …

Elon Musk Beats Back Defamation Lawsuit Over Insulting Tweet

Elon Musk beat back a defamation claim from a British cave expert who sued the billionaire CEO over a tweet in which Musk labeled Vernon Unsworth a “pedo guy.” A federal jury in Los Angeles Friday took about an hour …