Elon Musk

2023 - 1 - 19

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Image courtesy of "ABC News"

Elon Musk depicted as liar and visionary in damages trial over 'false ... (ABC News)

Elon Musk is depicted as both a liar who callously jeopardised the savings of "regular people" and a well-intentioned visionary during rival lawyers' ...

Mr Spiro shook his head as he listened. Mr Musk dropped from the top spot on the wealth list after a stock market backlash to his handling of Twitter. After Mr Musk dropped the idea of a Tesla buyout, the company overcame a production problem, resulting in a rapid upturn in car sales that caused its stock to soar and made him the world's richest person until he bought Twitter. And Mr Musk will have his chance to make his case to the jury. "'Funding secured' was the only thing that mattered to me," Mr Littleton testified. "He didn't plan to tweet this," Mr Spiro said of Mr Musk's August 7, 2018, statement at the heart of the trial.

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Image courtesy of "The Denver Post"

Elon Musk depicted as liar, visionary in Tesla tweet trial (The Denver Post)

Lawyers on opposing sides drew the starkly different portraits of Musk for a nine-person jury that will hear the three-week trial. The case is focused on two ...

Musk dropped from the top spot on the wealth list after a stock market backlash to his handling of Twitter. But Chen has already ruled that Musk’s tweet was false, a finding that can be alluded to during the trial without specifically mentioning the determination made by the judge. That led him to become a lead investor in the lawsuit. Musk’s 2018 tweets attracted the attention of securities regulators, who concluded that they were improper and that he was lying. The trial’s outcome may turn on the jury’s interpretation of Musk’s motive for the tweets. 17, 2018, the period covered in the lawsuit. Tesla’s stock has split twice since then, making the $420 price cited in his 2018 tweet worth $28 on adjusted basis now. Littleton, a 71-year-old investor from Kansas City, Missouri, was the first witness called to the stand. Tesla shareholders then sued him, saying that Tesla shares would not have swung so widely in value if he had not dangled the idea of buying the company for $420 per share. “He didn’t plan to tweet this,” Spiro said of Musk’s Aug. Lawyers on opposing sides drew the starkly different portraits of Musk for a nine-person jury that will hear the three-week trial. 7, 2018, statement at the heart of the trial.

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Image courtesy of "Euronews"

'The time of the Wild West is over,' EU's Věra Jourová warns Elon ... (Euronews)

The EU Commissioner for Values and Transparency discussed the Twitter takeover with Euronews Next at the World Economic Forum in Davos.

And for me, the legislation was never the only option," she told Euronews Next. We had some 'gentlemen's agreements,' like the Code of Conduct against Hate Speech, which was very important in 2016 when we saw an extreme rise of hatred online targeted to concrete people or groups of citizens. "We will have the Digital Services Act [DSA]. "But at the same time, we cannot accept, for instance, illegal content online and so on. But we will see". So, this is what I don't feel from Elon Musk personally.

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Image courtesy of "Markets Insider"

Elon Musk didn't lie but used the 'wrong words' in Tesla funding ... (Markets Insider)

The "funding secured" trial against Tesla boss Elon Musk got underway on Wednesday, with lawyers arguing the billionaire did not commit fraud.

To prevent the news from leaking, Musk made a "split-second decision" to tweet he had funding secured, Spiro argued. "I was in a state of shock during this time," Littleton told jurors. Musk however didn't commit fraud, his lawyer Alex Spiro argued in opening statements at the trial. But lawyers representing Tesla shareholders claimed Musk should be condemned. That's because the automaker's shares surged 11% in price in a matter of hours after Musk's disclosure, before plunging as the deal got questioned. The deal however never materialized and cost shareholders in the company millions of dollars.

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Image courtesy of "India Times"

Elon Musk's 'Lies' About Taking Tesla Private Cost Investors Millions ... (India Times)

Did Elon Musk lie about Tesla? A lawyer for investors has told a court that Elon Musk "lied" when he claimed he has "secured" funding to take Tesla private.

But Musk's lawyer claimed that he was in fact serious about taking the company private but had encountered shareholder opposition. However, he added that Musk's tweets contained a few "technical inaccuracies." Musk believes that jurors in California would be biased against him. Did Elon Musk lie about Tesla? Elon Musk doesn't feel the same way. [Did Elon Musk lie about Tesla?

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Image courtesy of "Interesting Engineering"

Potential jurors describe Elon Musk as 'talented but crazy' (Interesting Engineering)

Musk's lawyers argued that he received negative media coverage after firing thousands at Twitter. Request to move the case to Texas has been denied.

One of the jurors agreed that his opinion of Musk had become more negative since the Twitter acquisition but said that would not stand in the way of him acting fair. But they also said they would be fair and not let their opinions cloud their judgment in the trial. The jury of nine members is tasked to find out if Musk's tweets were aimed at artificially inflating Tesla's stock price and, if yes, by how much. The lawsuit also alleges that Musk lied about taking Tesla private, something that the company's lawyers disagree with. Attorneys from both sides present their versions of the case and try to convince the jury that an individual is innocent or guilty. The world is clearly split about Elon Musk, with some hardcore fans describing him as the man who will save the planet while others have nothing positive to say about him.

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Image courtesy of "Times Now"

Elon Musk stands to loose billions over controversial 2018 tweet in ... (Times Now)

Elon Musk had conveyed via a Tweet in 2018, that he wants to take the electric car company back to private, and that didn't sit well with Tesla investors.

“I couldn’t afford to stay in,” said [Littleton](/topic/littleton)to the jurors. [Verge](/topic/verge). Elon Musk had conveyed via a Tweet in 2018, that he wants to take the electric car company back to private, and that didn’t sit well with Tesla investors.

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Image courtesy of "The Guardian"

First Thing: Musk 'lied' when he tweeted about Tesla takeover ... (The Guardian)

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 ...

The pendant, which was most famously worn by Diana at a London charity gala in October 1987, sold for more than double its pre-auction estimate. The 65-year-old, known for his roles in A Room with a View, The Killing Fields, and Naked Lunch, lives in North Hollywood. The forest carbon offsets approved by the world’s leading provider and used by Disney, Shell, Gucci and other big corporations are largely worthless and could make global heating worse, according to an investigation. The 1920s pendant by the luxury jewellery designer Garrard, worn on several occasions by Diana, sold for £163,800 yesterday. [more than $12.7m is missing](https://www.theguardian.com/sport/2023/jan/18/usain-bolt-missing-money-investment-account-jamaica) from his account with a private investment firm in Jamaica. The responsibility to know when you are the right person to lead and also when you are not. How has the US responded? The prime minister said she had reflected over the summer break on whether she had the energy to continue in the role, and had concluded she did not. Ardern became the world’s youngest female head of government when she was elected prime minister in 2017 at 37. And I know that I no longer have enough in the tank to do it justice. Musk believed financing was not an issue and was “taking steps” to make a deal happen, Spiro added. He could end up taking the stand as early as tomorrow.

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Image courtesy of "The Mercury"

Elon Musk depicted as liar, visionary in Tesla tweet trial (The Mercury)

SAN FRANCISCO (AP) — Elon Musk was depicted Wednesday as either a liar who callously jeopardized the savings of “regular people” or a well-intentioned visionary ...

Musk dropped from the top spot on the wealth list after a stock market backlash to his handling of Twitter. But Chen has already ruled that Musk’s tweet was false, a finding that can be alluded to during the trial without specifically mentioning the determination made by the judge. That led him to become a lead investor in the lawsuit. Musk’s 2018 tweets attracted the attention of securities regulators, who concluded that they were improper and that he was lying. The trial’s outcome may turn on the jury’s interpretation of Musk’s motive for the tweets. 17, 2018, the period covered in the lawsuit. Tesla’s stock has split twice since then, making the $420 price cited in his 2018 tweet worth $28 on adjusted basis now. Littleton, a 71-year-old investor from Kansas City, Missouri, was the first witness called to the stand. Tesla shareholders then sued him, saying that Tesla shares would not have swung so widely in value if he had not dangled the idea of buying the company for $420 per share. “He didn’t plan to tweet this,” Spiro said of Musk’s Aug. Lawyers on opposing sides drew the starkly different portraits of Musk for a nine-person jury that will hear the three-week trial. 7, 2018, statement at the heart of the trial.

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Image courtesy of "CBS News"

Elon Musk depictions differ radically in Tesla tweets trial: Visionary ... (CBS News)

Liar or visionary? Depends which side you ask at the trial over two August 2018 Musk tweets about taking the electric carmaker private.

"'Funding secured' was the only thing that mattered to me," Littleton testified. That led him to become a lead investor in the lawsuit. But Chen has already ruled that Musk's tweet was false, a finding that can be alluded to during the trial without specifically mentioning the determination made by the judge. "I was in a state of shock." The trial's outcome may turn on the jury's interpretation of Musk's motive for the tweets. 17, 2018, the period covered in the lawsuit. Tesla's stock has split twice since then, making the $420 price cited in his 2018 tweet worth $28 on adjusted basis now. Littleton, a 71-year-old investor from Kansas City, Missouri, was the first witness called to the stand. "It was a split-second decision" aimed at being as transparent as possible about the discussions with the Saudi fund about a potential deal. Lawyers on opposing sides drew the starkly different portraits of Musk for a nine-person jury that will hear the three-week trial. Tesla shareholders then sued him, saying that Tesla shares wouldn't have swung so widely in value if he hadn't dangled the idea of buying the company for $420 per share. Everyone knows that," Spiro told the jury.

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Image courtesy of "Investor's Business Daily"

What Tesla Stock Investors Should Know About The Latest Elon ... (Investor's Business Daily)

Tesla (TSLA) stock has fallen as the EV giant finds itself involved in a court case that will decide whether CEO Elon Musk's 2018 tweets about taking Tesla ...

[bounced in the latest week](https://www.investors.com/news/tesla-stock-extends-rally-china-ev-registrations-jump-following-price-cuts/) following recent big price cuts there. Tesla stock closed modestly lower Friday, even as the price cuts made more of the company's models eligible for tax incentives of $7,500 under the Inflation Reduction Act. Local media reports in China suggested Tesla had Tesla is due to report fourth-quarter earnings on Jan. TSLA shares seem mostly unperturbed by the Tesla lawsuit. Tesla China EV registrations The lawsuit alleges Musk's tweets were false and cost investors billions by manipulating big swings in Tesla stock, options and bonds. A Tesla stock investor, Glen Littleton, has sued the EV company. Musk may take the stand himself, according to court documents. Tesla shares had opened that day at 341, jumping to 387 during the session. The trial is expected to resume Friday. The securities-fraud lawsuit drama is playing out in a San Francisco courtroom this week and is scheduled to run through Feb.

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Image courtesy of "Silicon UK"

Elon Musk 'Lied' With Tesla Privatisation Tweet, Alleges Attorney (Silicon UK)

Trial begins in San Francisco between Elon Musk and Tesla shareholders over his controversial “privatisation” tweet in 2018.

The case may hinge on whether Musk knowingly drove up Tesla’s share price with his 2018 tweets, saying he was securing funding to take the company private in what would have been a $72bn buyout. Littleton, a 71-year-old investor from Kansas City, Missouri, was the first witness called to the stand, the Guardian reported. [immediately hit with two lawsuits](https://www.silicon.co.uk/workspace/tesla-sued-over-shock-elon-musk-tweet-235891) which alleged that Musk’s Tweets were a fraudulent effort to attack short sellers. They argued that Elon Musk tweets, and “regular people” watch their fortunes evaporate. During a CNN interview Unsworth said the mini-submarine wasn’t used in the rescue, and that it was a “PR stunt” and that Musk could “stick his submarine where it hurts.” Musk fired back and labelled the British cave rescuer as a “pedo guy” in a Tweet that has since been taken down. [brought Musk to the attention of the SEC](https://www.silicon.co.uk/e-regulation/legal/elon-musk-slammed-commissioner-245969), which accused Musk of securities fraud, and alleged he made a series of “false and misleading” tweets about potentially taking Tesla private. Musk had taken exception when one of the rescuers, British caver Unsworth ridiculed the mini-submarine that Musk had built and transported to the location, in an attempt to help free the trapped boys. [US financial regulator forced Musk to step down as chairman of Tesla](https://www.silicon.co.uk/e-enterprise/financial-market/elon-musk-tesla-chairman-237411) and pay $20m in penalties. As arguments began on Wednesday, the attorney for a group of shareholders charged that Elon Musk “lied” when he tweeted in 2018 that he had “secured” funding to take Tesla private, the [sought to ban Elon Musk from acting as an officer or director](https://www.silicon.co.uk/e-enterprise/fund-raising/us-regulator-elon-musk-removal-237353?inf_by=5a4f657e671db80b518b4aad) of a publicly traded company. [tweeted that he was considering taking Tesla private](https://www.silicon.co.uk/workspace/tesla-privatisation-biggest-buyout-history-235781) and that he had secured funding to do so.

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Image courtesy of "Yahoo Finance"

Elon Musk among witnesses expected to be called this week in ... (Yahoo Finance)

Tesla shareholders on Wednesday began their case in chief, following opening statements from Elon Musk's attorney.

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Image courtesy of "Entrepreneur"

3 Ways Leaders Can Strategize Like Elon Musk (Entrepreneur)

By following these tips and adopting a mindset of taking big swings like Elon Musk, you can create the conditions for big wins and drive meaningful progress ...

By following these tips and adopting a mindset of taking big swings, you can create the conditions for big wins and drive meaningful progress for your business. By [staying agile](https://www.entrepreneur.com/leadership/what-makes-a-business-agile-and-how-can-you-achieve-it/368805) and responsive, you can make sure that your system is always optimized for the best possible outcomes. [defining your goals](https://www.entrepreneur.com/en-ae/lifestyle/finding-your-path-to-success-start-by-defining-your-goals/254213) and understanding the inputs that are required to achieve them. Are there tasks or projects that you can prioritize or eliminate to make better use of your time and resources? Having a highly detailed system in place is essential for driving progress and optimizing your business for the best possible outcomes. Are there things you can add to your schedule that could have a big impact on your business? This can help you stay focused, make progress toward your goals and drive growth for your business. By prioritizing these tasks and putting in the effort to complete them, you can create momentum and make progress toward your long-term goals. By taking a step back and looking at your priorities and progress, you can identify areas for improvement and make adjustments as needed. So, how can you apply this philosophy to your own work? By tackling these tasks on a regular basis, you can It doesn't matter how much you miss; as long as when you hit, you hit big.

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Image courtesy of "Forbes"

ChatGPT Just Offered Some Lame Ideas On How Elon Musk Could ... (Forbes)

An AI can't actually feel emotions. That might come as a surprise to anyone who has tried the ChatGPT AI, which can converse with you and even solve riddles ...

However, the AI has a long way to go when it comes to understanding nuance and emotion, and also analyzing factors like perception, interconnectedness, and social understanding. Humans have a unique ability to comprehend the facts and then extrapolate something helpful. With Musk, the bot delivered a generic response that wasn’t that helpful even if it was practical. A smart AI might say: “Based on analyzing every NFL player in history, these stats would lead me to believe Tom Brady is the best ever.” The AI should have known at least something about Musk and how he operates. “The weather is going to be quite cold the next few days, so remember to pack a blanket and an emergency kit in your car” is something that Wikipedia would never do. ChatGPT is merely a research demo that can’t understand real emotions and seems to balk at questions where a measure of human empathy is required. If you ask whether Brady is the best football player of all time, you’ll see a measured response stating the pros and cons. The answer could apply to just about anyone, although the final answer about social responsibility isn’t too bad. You type in a question like “Who is Tom Brady?” and you’ll see a response that reminds me of something Google or Siri might say. I recently inquired about what Elon Musk could do to restore trust in himself, since he seems to be [losing favor with more than just Tesla owners and investors these days](https://qz.com/elon-musk-lost-his-own-poll-to-stay-ceo-of-twitter-1849909908). [some of us suspected](https://www.forbes.com/sites/johnbbrandon/2022/12/12/i-asked-chatgpt-to-write-a-bunch-of-social-media-posts-the-results-were-astounding/?sh=61bad6707098), is when you ask open-ended questions.

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Image courtesy of "New York Post"

Elon Musk made 'split-second decision' on Tesla 'funding secured ... (New York Post)

Elon Musk made a “split-second decision” to send the 2018 tweet in which he claimed to have “funding secured” to take Tesla private at $420 per share, ...

That was the primary driver.” Attorney Alex Spiro told jurors that Musk hastily sent the tweet after he read an article which revealed that Saudi Arabia had taken a $2 billion stake in Tesla. “He hadn’t planned to tweet this.” Everybody knows that.” The shareholders are seeking unspecified damages. “Considerations aren’t certain.

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Image courtesy of "India Today"

We asked ChatGPT to imagine a world under Elon Musk's rule and it ... (India Today)

"If Elon Musk was the leader of the world, we'd all be roaming around in Teslas and have jetpacks as personal transportation, with the only downside being ...

If Elon Musk was the leader, the world would be a very interesting place! After all, you need intelligence as well as a sense of humour to say that if [Elon Musk was the leader](https://www.indiatoday.in/technology/news/story/elon-musk-is-selling-blue-ticks-on-twitter-now-taliban-is-buying-some-to-get-verified-badge-2322980-2023-01-18) of the world, we’d all be roaming around in Teslas and have jetpacks as personal transportation, with the only downside being working 120 hours per week to pay for it all. Traffic jams would be a thing of the past because we'd all be zooming around in our Teslas. The phrase appears to be a string of words put together without any meaning. But it is not a coherent sentence and doesn't make sense. We decided to test [ChatGPT’s humour ](https://www.indiatoday.in/technology/news/story/microsoft-ceo-satya-nadella-says-chatgpt-is-coming-to-azure-openai-service-heres-what-it-means-2322534-2023-01-17)and were not disappointed.

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Image courtesy of "Bloomberg"

Your Evening Briefing: Dark Days Are Here for Elon Musk and Tesla (Bloomberg)

Get caught up. A Tesla sedan, left, was ...

In a [call with reporters](https://www.bloomberg.com/news/articles/2016-10-20/tesla-says-all-vehicles-in-production-capable-of-self-driving) and [blog post](https://www.tesla.com/blog/all-tesla-cars-being-produced-now-have-full-self-driving-hardware) at the time, Tesla said all of its cars would ship with hardware necessary for full self-driving capability. [2016 video](https://www.tesla.com/videos/full-self-driving-hardware-all-tesla-cars) that exaggerated the abilities of Tesla’s driver-assistance system Autopilot, even dictating the opening text that claimed the company’s car drove itself, according to [internal emails viewed by Bloomberg](https://www.bloomberg.com/news/articles/2023-01-19/elon-musk-directed-tesla-autopilot-video-saying-car-drove-itself-tsla?sref=fSOf3OlP). Meanwhile over in San Francisco federal court, Musk’s lawyers are arguing that the billionaire made a “split-second decision” back in 2018 to tweet that he was “considering” taking Tesla private—a post including Musk’s now-infamous “funding secured” claim—because he’d just read a news report that Saudi Arabia was investing heavily in his company.

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Image courtesy of "Electrek"

Tesla ramps up communications as Elon Musk becomes more ... (Electrek)

My main point was that since then, most of Tesla's public communications have gone through Elon Musk who is becoming an increasingly controversial and ...

Be sure to check out our [homepage](https://electrek.co/)for all the latest news, and follow Electrek on [YouTube channel](https://youtube.com/c/electrekco)for the latest reviews. Tesla has also ramped up its use of Instagram around the same time. [subscribing to Electrek on Google News](https://news.google.com/publications/CAAqBwgKMKqD-Qow6c_gAg?ceid=US:en&oc=3). Tesla's Board of Directors need to prove that they are in control by re-instituting a PR department. Furthermore, Tesla also ramped up its blog posting effort. We noticed that Tesla has been increasingly tweeting about its products lately.

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