Judge dismisses lawsuit against Musk, Tesla and Twitter fan
A federal judge in California has dismissed a securities fraud and defamation lawsuit filed by a Tesla investor against CEO Elon Musk, one of Musk's supporters and Tesla. In an order filed Thursday, Judge James Donato threw out the lawsuit by the investor, Aaron Greenspan, who runs a legal document website. Donato wrote that the lawsuit had failed to make plausible legal claims.news.yahoo.com
Rivian sold Wall Street on an electric SUV. Then reality hit.
Rivian, the start-up maker of battery-powered SUVs and trucks with prices starting at around $80,000, was billed as the next Tesla and is backed by Amazon and Ford. Then it ran into supply chain disruptions, production delays and a recall.washingtonpost.com
Depp's agent: Op-ed was 'catastrophic' to career
Johnny Depp’s agent says ex-wife Amber Heard's 2018 op-ed piece describing herself as a victim of domestic abuse was “catastrophic” to his career and coincided with the loss of a $23 million deal for a “Pirates of the Caribbean” sequel. (May 2)news.yahoo.com
Musk sells $4B in Tesla shares, presumably for Twitter deal
Elon Musk has sold 4.4 million shares of Tesla stock worth roughly $4 billion, most likely to help fund his purchase of Twitter. The world’s richest man, who is the CEO of Tesla, tweeted that he doesn't plan any further sales of the company's shares. Most of the sales took place on Tuesday, when Tesla shares closed down 12%, a huge single-day drop.news.yahoo.com
Elon Musk prevails in Delaware court case on SolarCity deal
A Delaware court sided with Tesla CEO Elon Musk in a bitter legal battle over whether he acted against the best interest of other shareholders when he steered the electric car maker into a $2.6 billion acquisition of a solar panel maker founded by two of his cousins.
Elon Musk to buy Twitter for $44B and take it private
Elon Musk reached an agreement to buy Twitter for roughly $44 billion on Monday, promising a more lenient touch to policing content on the platform where he promotes his interests, attacks critics and opines on a wide range of issues to more than 83 million followers.
Twitter says it's testing an 'edit' button
Twitter tweeted Tuesday that it is indeed working on a way for users to edit their 280-character messages, although it says the project has nothing to do with the fact that edit-function fan Elon Musk was just revealed as the company’s largest shareholder and now sits on its board.
Tesla fans complain Biden ignores company's EV leadership
Some of Tesla’s loyal band of devotees and CEO Elon Musk say the White House has been unfairly snubbing America’s top-selling electric vehicle brand in its support for EVs as a way to help fight climate change — and they’re making their discontent known.