Musk found not liable in Tesla tweet trial
Jurors on Friday cleared Elon Musk of liability for investors' losses in a fraud trial over his 2018 tweets falsely claiming that he had funding in place to take Tesla private.
Feb 4, 2023
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Business
News tagged with wealth
Business
Jury mulls whether Musk's 2018 Tesla tweet was fraud
Jurors on Friday began deliberating whether Elon Musk committed fraud and should pay dearly for 2018 tweets falsely claiming that he had funding in place to take Tesla private.
Feb 3, 2023
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Business
Elon Musk's mysterious ways on display in Tesla tweet trial
Elon Musk's enigmatic personality and unconventional tactics are emerging as key exhibits in a trial revolving around one of his most polarizing pursuits—tweeting.
Jan 29, 2023
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Business
Amazon founder Bezos says will donate most of fortune to charity
Amazon founder Jeff Bezos has for the first time said he would give away most of his $124 billion fortune to charity, but warned that doing so effectively will be hard.
Nov 14, 2022
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Business
Elon Musk sells $3.95 billion worth of Tesla stock
Twitter's new owner and Tesla CEO Elon Musk sold nearly $4 billion worth of Tesla shares, according to regulatory filings.
Nov 9, 2022
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Automotive
Aston Martin losses deepen despite rising car sales
British luxury carmaker Aston Martin Lagonda on Wednesday revealed its third-quarter net losses more than doubled on supply-chain disruptions, offsetting accelerating sales.
Nov 2, 2022
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Business
Loans, investments and piles of his own cash: How Musk financed Twitter takeover
In looking for ways to pay for his takeover of Twitter, Elon Musk has offered up money sourced from his own personal assets, investment funds and bank loans, among others.
Oct 28, 2022
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Business
Elon Musk subpoenas former Twitter chief Jack Dorsey
Elon Musk has served former Twitter boss Jack Dorsey with a subpoena in a hunt for material to help him get out of buying the giant social media platform for $44 billion as agreed.
Aug 22, 2022
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Business
US judge deemed controversial Musk tweet on Tesla 'false': investors
A 2018 tweet posted by Elon Musk in which he claimed to have secured the funding to take Tesla private was deemed "false and misleading" by a judge, according to documents filed by investors suing his electric car company.
Apr 17, 2022
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Business
EXPLAINER: What is Musk really doing as he guns for Twitter?
Mercurial billionaire Elon Musk now says he wants to buy Twitter outright, taking it private to restore its commitment to what he terms "free speech." But his offer, which seemed to fall flat with investors on Thursday, raises ...
Apr 14, 2022
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