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Musk Vs. Twitter Trial To Begin In October

If you are a nerdy twitter user or an Elon Musk fan or critic you must come across the news of Twitter suing Musk for backing off from the Musk-Twitter Deal (due to the uncertain amount of Spam Accounts on the platform), and Musk’s asking the court to delay the trial until the next year. So the latest update in this Musk-Twitter saga is Elon Musk losing the first legal battle because the Judge ruled in the favor of Twitter and announced that the expedited 5-day trial will start in October.

Elon Musk Is Killing The Twitter Deal

Elon Musk announced that he would abandon his tumultuous $44 billion offer to buy Twitter after the company failed to provide enough information about the number of fake accounts. Twitter immediately fired back, saying it would sue the Tesla CEO to uphold the deal. The likely unraveling of the acquisition was just the latest twist in a saga between the world’s richest man and one of the most influential social media platforms, and it may portend a titanic legal battle ahead.

Elon Musk’s Deal To Buy Twitter Is In Peril

The planned takeover of Twitter by Elon Musk is in “serious jeopardy”, according to a report, sending shares in the company 4% lower in after-hours trading on Wall Street.
Musk’s team has stopped certain discussions around funding for the $44bn deal, according to a report, citing three people familiar with the matter. The report said Musk had concluded that Twitter’s figures on spam accounts – a bone of contention in the deal – were not verifiable.

Tesla Is No Longer the World’s Biggest EV Producer

BYD, a Chinese automaker backed by Warren Buffett’s Berkshire Hathaway, has soared past Tesla as the world’s leading electric vehicle seller, according to company filings published Sunday on the Hong Kong Stock Exchange. BYD sold 641,000 new energy vehicles in the first half of 2022 while Tesla was far behind this number.

SpaceX Launch Three Falcon 9 Rockets in a 36-Hour Span

Elon Musk’s space company, ‘SpaceX’, has back-to-back-to-back orbital missions lined up on Friday and Sunday. It just hauled a Globalstar communications satellite into orbit early Sunday from Cape Canaveral, pulling off the third Falcon 9 rocket flight in just 36 hours, the fastest sequence of three missions by any commercial launch company in history.

$258 Billion Lawsuit Against Elon Musk, Tesla, And SpaceX

What just happened? Elon Musk and his companies are doubtlessly used to being hit with lawsuits, but this one is probably the largest and perhaps most unusual they’ve had to deal with. Musk, Tesla, and SpaceX are all being sued for $258 billion—not millions—over claims they ran a pyramid scheme to support Dogecoin, a cryptocurrency Musk has often praised on Twitter.

Elon Musk Wants To Cut 10% Off Tesla Jobs

Tesla will reportedly cut about 10% of jobs because its CEO Elon Musk has a ‘super bad feeling’ about the US economy. In a message sent to executives on Thursday, June 2nd, 2022, Musk laid out his concerns and told them to ‘pause all hiring worldwide’. The news follows Musk ordering Tesla staff back to the office saying Work From Home is ‘no longer acceptable’.

Electric Cars Being ‘Green’-It’s Complicated To Understand How?

Since the first modern electric vehicles (EV) took to the roads in the 2000s, critics have been quick to question the ‘clean’ label attached to them. From manufacturing concerns to battery power, EVs have been under scrutiny from skeptics. With the amount of debate and misinformation troubling the waters, the facts behind the efficiency of electric vehicles have become somewhat clouded – so just how clean are these vehicles?

Twitter-Elon Musk Circus: Shareholders Of The Social Media Company Are Seeking A Class-Action Lawsuit Against Billionaire Tesla Founder

In a new lawsuit, Twitter shareholders are suing Elon Musk, alleging that he manipulated the price of the company’s stock for his own benefit in the course of agreeing to buy the company. The lawsuit represents a group of Twitter investors but would allow any shareholders to receive financial compensation. The suit was filed on Wednesday night in federal district court for Northern California and argues that Musk intentionally drove down the company’s stock to secure a better deal.