Elon Musk

Elon Musk and Tesla have been found not liable by a jury in a securities fraud trial in which the billionaire and his automaker were accused of misleading investors. The verdict came on late Friday afternoon at a federal court in San Francisco. It was claimed Musk and Tesla cheated…

Key PointsMr Musk tweeted in 2018 that he had "funding secured" to take the electric car company private.Shares of Tesla rose 1.6 per cent in after-hours trading following the verdict.Tesla shareholders say Mr Musk lied when he tweeted later that day that "investor support is confirmed."A US jury has found…

Elon Musk cleared in trial over Tesla tweets Mike Dalton · 2 weeks ago · 2 min read The Tesla CEO was found not liable in a case that accused him of securities fraud. 2 min read Updated: February 4, 2023 at 12:26 am Cover art/illustration via CryptoSlate Ad Members…

To close out Friday’s news, a ruling arrived with unexpected speed in a securities fraud trial accusing Elon Musk of fraud based on his 2018 tweets that he was thinking about taking Tesla private. The jury deliberated for less than two hours before finding Musk is not liable for losses…

Bill Gates recently said Elon Musk looking to colonize Mars does not paint him in the best philanthropic light.  Microsoft (NASDAQ: MSFT) founder Bill Gates recently questioned the Mars colonization quest spearheaded by Tesla (NASDAQ: TSLA) CEO Elon Musk. In a media session, Gates opined that Musk’s long-held ambition of colonizing Mars is not a good…

Elon Musk Twitter account private page seen on Mobile with Elon Musk in the background on screen. On ... 2 February 2023 in Brussels, Belgium. (Photo Illustration by Jonathan Raa/NurPhoto via Getty Images) NurPhoto via Getty Images Twitter will begin to share ad revenue with users, according to a tweet…

FILE - Elon Musk departs the Phillip Burton Federal Building and United States Court House in San Francisco on Jan. 24, 2023. On Wednesday, Feb. 1, Sam Teller, Musk's former chief of staff, testified that the billionaire believed he had a “handshake deal" to take Tesla private in 2018 shortly…

Indian billionaire Gautam Adani was until last week topping global rich lists alongside Elon Musk, Jeff Bezos and Bernard Arnault. But on 24 January, the 60-year-old industrialist was accused by a New York-based firm of running “the largest con in corporate history”. Hindenburg Research, which specialises in activist short-selling, claimed…

As Elon Musk’s Starlink commences operation in Nigeria, the Chief Executive Officer of MTN Nigeria, Karl Toriola, said his firm is operating in a challenging business environment. Ripples Nigeria had reported that Starlink had began operation in the country and also slashed the price of its hardware and subscription fee.…

Twitter CEO and prolific tweeter, Elon Musk has prevented many on the social media network from seeing his messages by protecting his account. People keen to learn what Musk's latest posts were might have been surprised to find his profile had been locked on the morning of February 1. Instead…