Elon Musk
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A federal judge has temporarily blocked Elon Musk’s White House-backed efficiency team from accessing sensitive Treasury Department data following a lawsuit filed by 19 states challenging the legality of such access. The lawsuit, brought by a coalition of mostly Democratic attorneys general, argues that President Donald Trump and Treasury Secretary Scott Bessent violated federal law…
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A coalition of 19 Democratic attorneys general has filed a lawsuit against the Trump administration and the U.S. Department of the Treasury, alleging unauthorized access to a sensitive federal payments database. The lawsuit, filed Friday, February, 7, 2025, in the U.S. District Court for the Southern District of New York, challenges the administration’s decision to…
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The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Elon Musk, alleging that the billionaire violated federal securities laws by failing to disclose his acquisition of a significant Twitter stake within the required timeframe. The complaint, filed in Washington, D.C.’s federal court on Tuesday, centers on Musk’s delayed disclosure of surpassing the…
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On Friday, U.S. antitrust authorities provided legal insights into Elon Musk’s lawsuit aimed at blocking OpenAI’s transition to a public company. The U.S. Federal Trade Commission (FTC) and Department of Justice (DOJ) did not take a formal stance on the case but highlighted legal principles that could support Musk’s claims of anticompetitive practices involving OpenAI…
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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…
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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…
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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…
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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…
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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…
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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…
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