The Tesla trial continues at 10:00 a.m. ET on Jan. 23 as executives and attorneys of the company arrive at the court. In the case, Tesla’s shareholders filed claims against the company, Elon Musk, and Tesla directors over allegations that Musk fraudulently inflated Tesla stock in 2018 by tweeting that he was considering taking the…
Ark’s Wood Remains Bullish on Tesla, Says Oil Stock Rally ‘Defying Logic’
NEW YORK—Star stock picker Cathie Wood of Ark Invest suggested the rally in energy stocks will soon end and reiterated her bullish view on electric vehicle maker Tesla Inc. in a webinar on Thursday. Wood, whose $6.8 billion ARK Innovation Fund is up 15 percent for the year to date, was badly bruised last year…
LIVE 10 AM ET: Tesla Trial Continues on Jan. 20
A trial on Tesla shareholders’ claims against the company continues from 10:00 a.m. ET on Jan. 20. Some shareholders accused Elon Musk and Tesla directors over allegations of fraudulently inflating Tesla stock in 2018 by posting on Twitter that he was considering taking the electric vehicle company private. The Epoch Times will livestream the event….
LIVE NOW: Tesla Trial Continues on Jan. 20
A trial on Tesla shareholders’ claims against the company continues from 10:00 a.m. ET on Jan. 20. Some shareholders accused Elon Musk and Tesla directors over allegations of fraudulently inflating Tesla stock in 2018 by posting on Twitter that he was considering taking the electric vehicle company private. The Epoch Times will livestream the event….
Tesla Trial Continues on Jan. 20
A trial on Tesla shareholders’ claims against the company continues from 10:00 a.m. ET on Jan. 20. Some shareholders accused Elon Musk and Tesla directors over allegations of fraudulently inflating Tesla stock in 2018 by posting on Twitter that he was considering taking the electric vehicle company private. The Epoch Times will livestream the event….
LIVE NOW: Tesla Shareholders’ Trial Begins
A Tesla shareholders’ trial is scheduled to begin in California at 10:30 a.m. ET on Jan. 18, with jury selection on Tesla shareholders’ claims against the company. Elon Musk and Tesla directors are facing allegations that Musk fraudulently inflated Tesla stock in 2018 by posting on Twitter that he was considering taking the electric vehicle…
Tesla Shareholders’ Trial Begins
A Tesla shareholders’ trial is scheduled to begin in California at 10:30 a.m. ET on Jan. 18, with jury selection on Tesla shareholders’ claims against the company. Elon Musk and Tesla directors are facing allegations that Musk fraudulently inflated Tesla stock in 2018 by posting on Twitter that he was considering taking the electric vehicle…
Tesla CEO Elon Musk Faces Trial in Shareholder Case Over Tweets in 2018
January 18, 2023
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A trial is set to start over a class-action lawsuit regarding whether Tesla CEO Elon Musk knowingly misled investors by claiming that funding was “secured” to take the company private in 2018. After closing the deal to purchase Twitter in October 2022, the Tesla CEO now has to face his earlier statements on the same social…
Musk’s Lawyers Claim Vast Majority of San Francisco Jurors Hold Negative View of Tesla CEO Ahead of Shareholder Trial
Tech billionaire Elon Musk’s lawyers have argued that the Tesla CEO is viewed in a negative light by more than 80 percent of prospective jurors in San Francisco in an effort to get his upcoming trial against a group of Tesla shareholders moved out of the state. Lawyers for Musk argued in court documents that questionnaires,…
Elon Musk Rejected in Bid to Move Tesla Tweet Trial to Texas
SAN FRANCISCO—A federal judge on Friday rejected Tesla CEO Elon Musk’s bid to move or delay a trial over a misleading tweet about a potential buyout of the electric automaker. The decision by U.S. District Judge Edward Chen came during a hearing held in San Francisco federal court to go over the final details of…
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