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The Latest Breaking News from Alex Spiro

Ex-Tesla Worker Awarded $3.2M In Race Bias Case After Refusing $15M

Owen Diaz had refused a reduced payout of $15 million last year in damages for severe racial harassment after initially being awarded $137 million in 2021.

InsideEVs

Tesla racism lawsuit: Elon Musk’s firm to pay $3.2 million after judge tosses $137 million award

Tesla must pay a Black former Tesla worker about $3.2 million, most of it in punitive damages, after a judge in the racism-based case threw out an earlier jury award of $137 million.

Tribune News Service

Baldwin ‘wants his day in court’ as hearing date set

Alec Baldwin's lawyers say the Hollywood actor "wants his day in court" as a preliminary investigation hearing date is set in his involuntary manslaughter case.

The New Daily

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Elon Musk cleared by jury of deceiving Tesla investors over 2018 tweets

Elon Musk has been found not guilty by a jury of deceiving Tesla investors with tweets in 2018 that cost them billions, according to estimates, as he claimed he had funding to take the company private

Daily Mirror

‘Teflon’ Elon wins again as jury rejects fraud claim over tweets

Elon Musk proved once again that he’s difficult to beat in court.

Tribune News Service

A jury clears Elon Musk of wrongdoing related to 2018 Tesla tweets

The verdict by the nine jurors was reached after less than two hours of deliberation following a three-week trial and represents a major vindication for Musk.

WEKU

Elon Musk's tweeting style seizes spotlight in Tesla trial

Tesla CEO Elon Musk’s impulsive and sometimes inflammatory usage of Twitter has taken center stage in a trial focused on whether he misled investors with his 2018 tweets indicating he had lined up financing to take the electric automaker private, a proposal that rapidly unraveled

The Independent UK

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Musk says Tesla go-private plan counted on SpaceX, Saudi money

Elon Musk told a jury that his 2018 tweet announcing a proposal to take Tesla Inc. private included the possibility of using his holdings in SpaceX to help finance the transaction, along with a multibillion-dollar commitment by Saudi Arabia’s sovereign wealth fund.

Tribune News Service

Musk tells Tesla trial: ‘Just because I tweet doesn’t mean people believe it’

The carmaker co-founder said Twitter was the most democratic way to communicate but tweets didn’t affect stock as he expected

The Guardian - US

First Thing: Musk ‘lied’ when he tweeted about Tesla takeover, attorney argues

Tesla investor seeks ‘billions’ in damages on behalf of those who traded stock after Musk posted plan to take company private. Plus, are cows at sea the future of farming?

The Guardian - UK

Millennial founder who sold her fintech to JPMorgan sued for inventing customers

Charlie Javice launched Frank six years ago to help students grappling with the soaring cost of college tuition to afford higher education, but Chase alleges 93% of her customers were fictitious.

Fortune

Investors mock Elon Musk's bid to move Tesla buyout trial

Lawyers for Tesla shareholders suing the electric vehicle maker’s CEO Elon Musk over a misleading tweet are urging a federal judge to reject the billionaire’s request to move an upcoming trial to Texas from California

The Independent UK

Musk says he can't get fair trial in California, wants Texas

Elon Musk doesn't think he can get a fair trial in San Francisco

The Independent UK

At Tory Lanez trial, Megan Thee Stallion's ex-best friend told two tales. What will the jury believe?

LOS ANGELES — The Kelsey Harris who spent hours on the stand in a Los Angeles courtroom this week had no idea who shot Megan Thee Stallion.

Los Angeles Times

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Salon

Musk's Twitter isn't paying its bills

Twitter has even begun to auction off furniture and kitchen equipment from its office

Asharq Al-Awsat

Musk Lawyers Seize on Twitter Whistleblower Revelations

Elon Musk's lawyers jumped Wednesday on the revelations of a Twitter whistleblower to try to force the platform to surrender vast amounts of information for their fight to cancel the billionaire's buyout bid. The Tesla boss's team told a US judge the former Twitter security chief's allegations of major security…

Asharq Al-Awsat

Whistleblower Accuses Twitter of Cybersecurity Negligence

A former head of security at Twitter alleged that the company misled regulators about its cybersecurity defenses, privacy protections and its ability to detect and root out fake accounts, according to a whistleblower complaint filed with US officials. The revelation could create serious legal and financial problems for the social…

The Independent UK

Judge rejects gag order in suit over 2018 Elon Musk tweets

A federal judge in California has rejected a request from shareholders in a lawsuit to force Elon Musk stop talking about his 2018 tweets in which he said the funding to make Tesla a private company

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The Independent UK

Tesla stockholders ask judge to silence Musk in fraud case

A group of Tesla shareholders suing CEO Elon Musk over some 2018 tweets about taking the company private is asking a federal judge to order Musk to stop commenting on the case

The Independent UK

Judge stays out of Elon Musk vs. SEC letter spat, for now

A federal judge is refusing to get involved in a spat between a lawyer for Tesla CEO Elon Musk and U.S. securities regulators, at least for now

The Independent UK

Musk, lawyer escalate word fight with securities regulators

Elon Musk and his lawyers are escalating their fight with U.S. securities regulators

Benzinga

SEC Denies Elon Musk's Accusation of Harassment, Files Letter With Court

The Securities and Exchange Commission (SEC) has pushed back on Tesla Inc (NASDAQ: TSLA) CEO Elon Musk’s allegations of harassment.

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