Elon Musk suffered a defeat in the first legal square-off between the world’s richest man and Twitter. Kathaleen McCormick, the chancellor of the Court of Chancery in Delaware who presided over the hearing, ordered that a 5-day trial take place in October 2022. The date is about a month later than the September 2022 expedited…
Judge Sets Trial Date for Elon Musk Legal Battle With Twitter
July 19, 2022
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Judge in Elon Musk’s Twitter Lawsuit Gets COVID-19 as Trial Set to Kick Off
The judge overseeing Twitter’s lawsuit against Elon Musk said in a letter that she has tested positive for COVID-19 but that a hearing in the case will proceed virtually. Judge Kathaleen McCormick said that the July 19 hearing in Delaware’s Court of Chancery on Twitter’s request to expedite its case against Musk will not be…
Twitter Lawsuit Against Elon Musk Set for Tense First Hearing as Sides Clash Over Trial Timetable
Twitter and Elon Musk are set to square off in a Delaware court for the first time on Tuesday in a hearing that will likely see the two sides wrangle over the trial timetable. The judge overseeing Twitter’s lawsuit against Musk said in a letter that she has tested positive for COVID-19 and that a…
Twitter, Musk Square Off in Court Over Bid for Fast-Track Trial
WILMINGTON, Del.—Twitter Inc.’s showdown with Elon Musk over his $44 billion takeover faces its first test on Tuesday, when a judge will weigh the company’s bid for a fast-tracked trial which it says it needs to ensure deal financing doesn’t come unraveled. The San Francisco-based company is seeking to resolve months of uncertainty for its…
Twitter Claims Elon Musk’s Case for Delaying Trial ‘Fails at Every Level’
July 19, 2022
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Business & MarketsCompaniesElon MuskElon Musk TwitterElon Musk Twitter DealJudiciaryMedia & Big TechTechTech NewsUSUS News
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In the latest episode of the Elon Musk Twitter saga, Twitter has pushed back on the electric car head’s request for a trial held in February 2023, claiming the billionaire’s request “fails at every level,” according to a Monday court filing. “Musk offers no reason to think discovery must be so expansive that a trial…
The Mysterious Man Driving China’s EV Dominance
July 18, 2022
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Business & MarketsBusiness Columnistselectric vehicle (EV)Elon MuskLi ShufuOpinionteslaThinking About ChinaZhejiang Geely Holding Group
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Commentary The electric vehicle market is growing. Last year, EV sales doubled to a record high of 6.6 million. Is the EV race a sprint or marathon? This question divides commentators. What doesn’t divide commentators, however, is the fact that China is dominating the EV space. And there’s one man—who most people outside of China…
Elon Musk Fires Back at Twitter’s ‘Warp Speed’ Trial Request
Billionaire tech mogul Elon Musk has fired back at Twitter’s request for an expedited trial in a lawsuit that seeks to force the Tesla CEO to follow through with his bid to buy the social media giant for $44 billion. Musk’s legal team alleged in a July 15 filing (pdf) in a Delaware court that…
Musk Fires Back at Twitter’s ‘Warp Speed’ Trial Request
Elon Musk has fired back at Twitter’s request for an expedited trial in a lawsuit that seeks to force the Tesla CEO to follow through with his bid to buy the social media giant for $44 billion. The tech billionaire’s legal team alleged in a July 15 filing (pdf) in a Delaware court that Twitter…
Elon Musk Seeks to Block Twitter Request for Expedited Trial
July 16, 2022
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Elon Musk filed a motion on Friday opposing Twitter Inc.’s request to fast-track a trial over his plan to terminate his $44 billion deal for the social media firm. Musk’s lawyers, in papers filed with the Delaware Chancery Court, said Twitter’s “unjustifiable request” to rush the merger case to trial in two months should be…
Musk Says Tesla Could Lower Car Prices If Inflation Slows
Tesla Inc Chief Executive Officer Elon Musk said on Friday the electric automaker could lower prices for cars if inflation calms down. Musk, who has over 100 million followers on Twitter, was replying to a tweet on Friday that asked if the company had any plans to lower prices that it had raised to beat…
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