Elon

Elon Musk: US ‘past peak inflation’ after Tesla sells 90% of Bitcoin

Bitcoin (BTC) is in short supply at Tesla, even as its CEO predicts that United States inflation has already peaked. Speaking at Tesla’s 2022 Annual Meeting of Stockholders on Aug. 5, Elon Musk predicted that an upcoming United States recession would only be “mild to moderate.” Musk on costs: “The trend is down” After recently selling …

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Elon Musk

Elon Musk Claims Twitter Committed Fraud In $44 Billion Deal Countersuit | Bitcoinist.com

Elon Musk and Twitter are set for another court showdown as the billionaire launches a countersuit against the social media giant, which sued him for canceling the $44 billion contract to acquire the platform. Tesla and SpaceX CEO Elon Musk and his legal counsels are alleging in a recent filing that Twitter hoodwinked them about the …

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Elon Musk challenges Twitter CEO Parag Agrawal to a debate on bots

Centi-billionaire Elon Musk provoked Twitter and challenged the company’s CEO Parag Agrawal to a “public debate” about fake accounts and spam in the midst of a contentious legal battle over a $44 billion acquisition. Musk filed a bid with the Securities and Exchange to acquire Twitter back in April this year. After the companies agreed to …

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Elon Musk’s legal team has publicly filed its official response to Twitter’s lawsuit

In the answer to Twitter’s complaint, which includes counter-claims against the company, Musk’s team attempts to refute the company’s allegations that the Tesla CEO is unjustly trying to exit the deal. His team repeats allegations that Twitter has misstated the number of fake and spam bot accounts on its platform — a central charge Musk …

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In Court Battle With Twitter, Elon Musk

In Court Battle With Twitter, Elon Musk’s Revelation On Indian Government

Musk said that Twitter should follow the local law in India. (FILE) Washington: Tesla CEO Elon Musk, who is locked in a court battle with Twitter over a failed acquisition bid that Twitter now intends to force through, said that the social media giant jeopardised its third largest market by failing to disclose “risky” litigation …

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Elon Musk’s countersuit against Twitter says the company is operating a “scheme” to mislead investors

Musk made several claims against Twitter, including about the soundness of its user metrics. He said Twitter is attempting to “distract” from its many “misrepresentations.” Twitter pushed back, saying the billioionaire’s story is “implausible and contrary to fact.” Loading Something is loading. Elon Musk’s confidentially filed 164-page countersuit against Twitter is full of accusations around …

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Twitter calls Elon Musk’s case against $44bn deal ‘implausible’

Twitter has accused Elon Musk of creating a “new set of excuses” to avoid honouring his $44bn agreement to buy the social media company, calling his recently filed objections “implausible and contrary to fact”. After Twitter sued Musk last month to force the deal through, Musk filed a countersuit last week trying to block the …

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The best burns Twitter’s lawyers deployed to deny Elon Musk’s claims

So I don’t know entirely what’s in Elon Musk’s counterclaims against Twitter — they are still under seal — but I did get an inkling today, when Twitter dropped its response. It’s spicy! Rather than let Musk get his complaints out first, Twitter went ahead and released a blow-by-blow response, the better with which to …

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Elon Musk’s answer to Twitter lawsuit to be made public by Friday

FOX Business senior correspondent Charlie Gasparino reports hedge funds are betting the Twitter – Musk deal gets done and are buying the stock as the billionaire revamps his strategy. Elon Musk’s response to Twitter’s lawsuit over the billionaire’s attempt to call off his $44 billion takeover of the social media company is coming before the …

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Elon Musk must wait to unseal countersuit against Twitter, judge rules

Elon Musk’s bid to publish on Wednesday a counter-lawsuit he filed against Twitter last week was rejected by the judge overseeing the bombshell case late in the day. Delaware Court of Chancery Judge Kathaleen McCormick ruled Musk’s counterclaims, answer and affirmative defenses to Twitter’s suit shall be made public by Friday afternoon, according to court …

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