Elon Musk
-
A second federal judge in Texas has stepped away from presiding over Elon Musk’s X Corp lawsuit against a group of advertisers accused of boycotting the social media platform, causing significant delays in the case. Judge Ed Kinkeade Steps Aside U.S. District Judge Ed Kinkeade in Dallas recused himself from the case, following the earlier…
-
A Delaware judge gave Elon Musk and Tesla the green light on Friday to begin appealing a decision that could determine the fate of Musk’s massive $56 billion compensation package. This move by Chancellor Kathaleen McCormick of the Court of Chancery starts a 30-day window for Tesla and Musk to take their case to the…
-
A Delaware judge ruled on Monday that Tesla CEO Elon Musk is still not entitled to a $56 billion compensation package, despite Tesla shareholders voting in June to reinstate it. Chancellor Kathaleen McCormick of the Court of Chancery issued the ruling, following her January decision to rescind the pay package, calling it excessive. This ruling…
-
Billionaire entrepreneur Elon Musk expanded his lawsuit against OpenAI, accusing the ChatGPT creator and its largest financial backer, Microsoft, of engaging in illegal practices to monopolize the generative AI market and undermine competitors. Musk filed the amended lawsuit on Thursday night in federal court in Oakland, California, adding federal antitrust and other claims to his…
-
A U.S. appeals court on Wednesday upheld a jury’s verdict that cleared Tesla CEO Elon Musk and the company of liability in a case involving allegations that Musk misled investors with his 2018 social media posts. The posts claimed he had “funding secured” to take Tesla private at $420 per share, a statement that caused…
-
A U.S. judge on Friday denied Elon Musk’s request to transfer a Pennsylvania lawsuit regarding his $1 million voter prize initiative to federal court, sending the case back to state court. It remains uncertain whether this decision will impact Musk’s plan to continue awarding money until the U.S. presidential election on Tuesday. U.S. District Judge…
-
Elon Musk must attend a Thursday hearing related to a prosecutor’s lawsuit aiming to block his $1 million-a-day giveaway to registered swing state voters ahead of the U.S. election on November 5. The hearing, presided over by Judge Angelo Foglietta, addresses Philadelphia District Attorney Larry Krasner’s effort to halt the giveaway just days before the…
-
A federal appeals court on Friday seemed unlikely to overturn a jury’s verdict that cleared Tesla CEO Elon Musk and his company of liability regarding allegations that they misled investors. This case stems from Musk’s 2018 social media post claiming he had “funding secured” to take Tesla private. During oral arguments at the San Francisco-based…
-
In a move that has ignited debate over campaign finance ethics, Pennsylvania Governor Josh Shapiro expressed serious concerns regarding billionaire Elon Musk’s recent initiative to financially incentivize registered voters for signing a petition supporting “free speech and the right to bear arms.” During a Town Hall event in Harrisburg, PA, on Saturday, Musk announced he…
-
Elon Musk offers a $1 million giveaway to voters who sign his free-speech and gun-rights petition, entering a gray area of election law. Legal experts disagree on whether the billionaire supporter of Donald Trump violates prohibitions against paying people to register to vote. Musk, CEO of Tesla (TSLA.O), promises to award $1 million each day…
Categories
About Us
Follow Us
Never miss a story
Get the latest news straight to your inbox.
Copyright 2024 American Law Reporter. All rights reserved.