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Tesla Objects To $5.6 Billion Payout For Lawyers Who Voided Musk’s Pay

Jun 8, 2024

Tesla argued in court papers on Friday that the legal team voiding Elon Musk’s record Tesla pay package deserves only a tiny fraction of the $5.6 billion legal fee they requested, claiming their lawsuit provided almost no benefit to the company. Tesla (TSLA.O) stated that the legal team for Richard Tornetta, the shareholder whose lawsuit…
Musk’s X Corp Loses Lawsuit Against Israeli Data-Scraping Company

May 12, 2024

A U.S. judge dismissed a lawsuit filed by Elon Musk’s X Corp against an Israeli data-scraping company, accusing it of illegally copying and selling content from the social media platform, as well as providing tools for others to do the same. U.S. District Judge William Alsup in San Francisco ruled on Thursday that X, formerly…
Elon Musk May Testify Again In SEC’s Twitter Takeover Probe

May 10, 2024

On Thursday, a federal judge indicated a willingness to compel Elon Musk to testify again in the U.S. Securities and Exchange Commission’s investigation into his $44 billion takeover of Twitter. Lawyers for the billionaire appeared in a San Francisco courtroom on Thursday to urge U.S. District Judge Jacqueline Scott Corley to decide against the SEC,…

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