Musk

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 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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Twitter subpoenas Binance and a dozen more firms over $44B Musk deal

Bankers and advisers that backed Tesla (TSLA) CEO Elon Musk’s $44 billion bid for Twitter (TWTR) have been hit with a flood of new subpoenas from the social media site’s lawyers. Those lawyers want to know what happened in Musk’s private negotiations leading up to the now-disputed deal. On Tuesday, Twitter filed more than a …

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Top Questions Tesla Shareholders Want Musk, Company Leaders To Address At Thursday’s Annual Meeting

Tesla, Inc.’s TSLA annual shareholder meeting is scheduled to be held on Thursday at 5:30 p.m. ET. This will be a hybrid event, allowing limited in-person attendance at the company’s Giga Austin facility, while any shareholder as of June 6 could join the meeting virtually. A live video webcast of the event is available for the …

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What Twitter’s Subpoenas Say About Its Plan to Fight Elon Musk in Court

Twitter has sent dozens of subpoenas in recent days to the banks and investors that were backing Elon Musk in his bid to acquire the company, while also seeking more information about well-known technology industry personalities who are considered close to Mr. Musk. The subpoenas are part of efforts to help determine whether Mr. Musk …

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Stephen King testifies; Musk strikes back; Boeing 787 gets OK: 3 legal stories to watch

The usually quiet month of August this week kicks off with a trial Monday over the Justice Department’s antitrust lawsuit challenging Penguin Random House’s pending acquisition of rival Simon & Schuster. We’re also watching Tesla (TSLA) CEO Elon Musk’s countersuit against Twitter (TWTR), which he filed Friday as part of his ongoing efforts to walk …

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Elon Musk Alleges Interaction With Twitter Accounts

Elon Musk Alleges Interaction With Twitter Accounts “Much Lower Lately”

Twitter filed a suit against Elon Musk after he decided to back out of the $44 billion takeover deal Washington: Amid the ongoing court battle against Twitter, Tesla CEO Elon Musk said that the “interaction with almost all Twitter accounts seem to be much lower lately.” Taking to Twitter, Musk, on Thursday, wrote, “Interaction with …

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