Elon Musk Testifies in Trial Over Tweets About Taking Tesla Private
Video Credit: Wibbitz Top Stories - Duration: 01:31s - Published
Elon Musk Testifies in Trial Over Tweets About Taking Tesla Private
Elon Musk Testifies , in Trial Over Tweets , About Taking Tesla Private.
On January 23, Tesla CEO Elon Musk took the witness
stand in a trial to determine whether he intentionally
mislead investors with an August 2018 tweet.
.
On January 23, Tesla CEO Elon Musk took the witness
stand in a trial to determine whether he intentionally
mislead investors with an August 2018 tweet.
.
The lawsuit made by Tesla investors claims that Musk's
tweet stating that he had "secured" funding for taking
Tesla private caused them to lose large sums of money.
The lawsuit made by Tesla investors claims that Musk's
tweet stating that he had "secured" funding for taking
Tesla private caused them to lose large sums of money.
The tweet has already been
ruled as both false and reckless
by U.S. Judge Edward Chen.
.
NBC reports that Musk believes he can
convince the jury that he was unaware
that the tweet was false when he sent it.
.
NBC reports that Musk believes he can
convince the jury that he was unaware
that the tweet was false when he sent it.
.
Musk has also suggested that movements
in Tesla's stock price are not
dictated by his personal tweets.
Just because I tweet something
does not mean people believe it
or will act accordingly, Elon Musk, Tesla CEO, via NBC.
According to Musk's attorney, Alex Spiro, the Tesla
CEO was taking steps to finalize a deal with Saudi
backers back in 2018 when he sent the tweet.
.
According to Musk's attorney, Alex Spiro, the Tesla
CEO was taking steps to finalize a deal with Saudi
backers back in 2018 when he sent the tweet.
.
Spiro suggests that Musk was trying to protect the
"everyday shareholder" by sending the tweet, which
may have contained some "technical inaccuracies.".
Spiro suggests that Musk was trying to protect the
"everyday shareholder" by sending the tweet, which
may have contained some "technical inaccuracies.".
Nicholas Porritt, a lawyer representing shareholders,
argues that Musk was fully aware the deal with Saudi
Arabia's public investment fund was not final at the time.
.
Nicholas Porritt, a lawyer representing shareholders,
argues that Musk was fully aware the deal with Saudi
Arabia's public investment fund was not final at the time.
Elon Musk has finally pulled back the curtain on what Neuralink has been doing behind the scenes -- showing off their very first subject using their tech ... and.. TMZ.com
Elon Musk's net worth dropped nearly $40 billion this year, now totaling $189 billion, placing him third behind Bernard Arnault and Jeff Bezos. Tesla's declining share price contributed to the decrease. Despite challenges with Twitter's rebranding as X, Musk announced plans for a smart TV app. His proactive approach reflects his ongoing efforts to diversify and expand his ventures.
#ElonMusk #Tesla #elonmusk #elonmuskinterview #elonmusknews #elonmuskanddisney #Twitter #X #Oneindia #Oneindianews
~PR.152~ED.103~GR.122~HT.96~
Tesla CEO Elon Musk announced on Wednesday that he has no plans to donate money to either candidate for US President.
"Just to be super clear, I am not donating money to either candidate for US President," Elon Musk said in a post on his social media platform X.
#USElection #ElonMusk #PresidentialCandidates #PoliticalDonations #Election2024 #NonPartisan #NoDonations #NeutralStance #PoliticalEngagement #CampaignFunding #ElectionFinances #PoliticalNeutrality #ElectionContributions #PoliticalInfluence #MuskDeclares #ElectionEthics #DonationRefusal #PoliticalStance #USPolitics #ElectionFunding
~PR.152~PR.282~GR.124~
An environmental group has published an open letter online claiming responsibility for a fire in a Tesla factory on Tuesday, which has since halted production.
Credit: euronews (in English) Duration: 01:00Published
RGB Award Ceremony Canceled , Amid Recipient Controversy.
Since 2019, the Dwight D. Opperman Foundation
has presented accomplished women with the Justice Ruth Bader Ginsburg Leadership Award, NPR reports. .
Previous recipients include
Barbra Streisand and Queen Elizabeth II.
This year, however, the foundation
selected four men to receive the
award, in addition to Martha Stewart. .
This year, however, the foundation
selected four men to receive the
award, in addition to Martha Stewart. .
Those men are Elon Musk, Rupert Murdoch, Michael Milken and Sylvester Stallone.
Those men are Elon Musk, Rupert Murdoch, Michael Milken and Sylvester Stallone.
Those men are Elon Musk, Rupert Murdoch, Michael Milken and Sylvester Stallone.
Those men are Elon Musk, Rupert Murdoch, Michael Milken and Sylvester Stallone.
Justice Ginsburg fought not only for women but for everyone, Dwight D. Opperman Foundation Chair
Julie Opperman, via statement.
Going forward, to embrace the
fullness of Justice Ginsburg's
legacy, we honor both women
and men who have changed the
world by doing what they do best, Dwight D. Opperman Foundation Chair
Julie Opperman, via statement.
Ginsburg's family condemned the foundation's recipient selection, NPR reports. .
This year, the Opperman Foundation
has strayed far from the original
mission of the award and from
what Justice Ginsburg stood for. , Jane Ginsburg, daughter of Ruth Bader Ginsburg, via statement.
On March 18, foundation Chair Julie Opperman
said that the April ceremony is now canceled. .
This year we selected
leaders in different fields. We honored men for the first time, Dwight D. Opperman Foundation Chair
Julie Opperman, via statement.
We thought RBG's teachings
regarding EQUALITY should be
practiced. We did not consider politics, Dwight D. Opperman Foundation Chair
Julie Opperman, via statement.
Opperman went on to say that the foundation will decide whether to continue after reevaluating its mission, NPR reports.
Credit: Wibbitz Top Stories Duration: 01:31Published
Looks like Barbra Streisand's complaints are ringing loud and clear -- Elon Musk and Rupert Murdoch will not be adding the RBG Award to their trophy shelves.. TMZ.com
Sam Bankman-Fried , Sentenced to 25 Years , for FTX Fraud.
On March 28, Sam Bankman-Fried was sentenced to
25 years in prison after being found guilty of defrauding
users of FTX, the now-collapsed cryptocurrency exchange. .
NBC reports that Lower Manhattan federal district
Judge Lewis Kaplan found the defense's arguments
misleading, speculative and logically flawed.
The judge accused Bankman-Fried of committing
obstruction of justice and tampering with
witnesses while mounting his defense.
Kaplan reportedly said that those
factors played a role in his decision
about how to sentence Bankman-Fried.
Prosecutors had originally sought a longer sentence
of 50 years, while the defense fought for
Bankman-Fried to get no more than six and a half years.
Prosecutors had originally sought a longer sentence
of 50 years, while the defense fought for
Bankman-Fried to get no more than six and a half years.
In November, Bankman-Fried was convicted on seven
criminal counts. He has been held at Brooklyn's
Metropolitan Detention Center while awaiting sentencing.
In November, Bankman-Fried was convicted on seven
criminal counts. He has been held at Brooklyn's
Metropolitan Detention Center while awaiting sentencing.
At one time, FTX was valued at over $30 billion
but ultimately collapsed in November of
2022 after announcing a major cash shortfall.
At one time, FTX was valued at over $30 billion
but ultimately collapsed in November of
2022 after announcing a major cash shortfall.
While on trial, Bankman-Fried was accused
of robbing FTX customers of nearly $8 billion,
which was partially used to fund the extravagant
lifestyles of the exchange's executives.
While on trial, Bankman-Fried was accused
of robbing FTX customers of nearly $8 billion,
which was partially used to fund the extravagant
lifestyles of the exchange's executives.
NBC reports that Bankman-Fried's sentence
is harsher than other white-collar crimes
in recent memory, such as Theranos founder
Elizabeth Holmes who received just 11 years.
NBC reports that Bankman-Fried's sentence
is harsher than other white-collar crimes
in recent memory, such as Theranos founder
Elizabeth Holmes who received just 11 years.
The outlet also notes that the judgement is more
similar to the 25-year sentence given to former
WorldCom CEO Bernie Ebbers or the 24-year
sentence given to Enron CEO Jeff Skilling.
The outlet also notes that the judgement is more
similar to the 25-year sentence given to former
WorldCom CEO Bernie Ebbers or the 24-year
sentence given to Enron CEO Jeff Skilling
Credit: Wibbitz Top Stories Duration: 01:30Published
Mumbai Becomes Asia's , Billionaire Capital , on Global Rich List.
NBC reports that Mumbai has become the Asian
capital with the highest number of billionaires,
dethroning Beijing at the top of the exclusive list. .
NBC reports that Mumbai has become the Asian
capital with the highest number of billionaires,
dethroning Beijing at the top of the exclusive list. .
According to the Hurun Research Institute's
global rich list, India's financial capital
registered 92 billionaires in 2024. .
Beijing comes in just below Mumbai with
91 billionaires, and Shanghai rounds out
the top three with a total of 87 billionaires.
Beijing comes in just below Mumbai with
91 billionaires, and Shanghai rounds out
the top three with a total of 87 billionaires.
The top of the list globally is New York
with 119 billionaires, followed by
London with a total of 97. .
The top of the list globally is New York
with 119 billionaires, followed by
London with a total of 97. .
According to the report, there are a total
of 3,279 billionaires globally in 2024,
an increase of 5% compared to 2023. .
NBC reports that China as a whole still has the
most billionaires overall with 814 in 2024, but
the country lost 155 billionaires compared to 2023. .
China had a bad year.
Wealth creation in China has gone
through deep changes these last few
years, with the wealth of billionaires
from real estate and renewables down, Hurun Research Institute's global rich list report, via NBC.
The United States comes in second with
800 billionaires, and India registered
a distant third place with 271.
The United States comes in second with
800 billionaires, and India registered
a distant third place with 271.
According to the report, artificial intelligence
played a significant role in increasing the
number of ultra wealthy people in the U.S. .
Whilst [Nvidia CEO] Jensen Huang
has grabbed many of the headlines
as Nvidia broke through the $2 trillion
mark, catapulting him into
the Hurun Top 30 as a result, , Hurun Research Institute's global rich list report, via NBC.
Whilst [Nvidia CEO] Jensen Huang
has grabbed many of the headlines
as Nvidia broke through the $2 trillion
mark, catapulting him into
the Hurun Top 30 as a result, , Hurun Research Institute's global rich list report, via NBC.
... the billionaires behind Microsoft,
Google, Amazon, Oracle and Meta
have seen significant surges in
their wealth as investors bet
on the value generated by AI, Hurun Research Institute's global rich list report, via NBC
Credit: Wibbitz Top Stories Duration: 01:31Published
Another UN Resolution Calling for , Gaza Cease-Fire Fails , to Pass Security Council Vote.
On March 22, a resolution calling for an immediate
cease-fire between Israel and Hamas in Gaza was
rejected by the United Nations Security Council. .
On March 22, a resolution calling for an immediate
cease-fire between Israel and Hamas in Gaza was
rejected by the United Nations Security Council. .
NBC reports that both Russia and China
voted against the United States-led measure. .
Vassily Nebenzia, Russia’s ambassador to the U.N., pointed
out that the resolution effectively contained a green light
for Israel to conduct a military operation in Rafah.
Vassily Nebenzia, Russia’s ambassador to the U.N., pointed
out that the resolution effectively contained a green light
for Israel to conduct a military operation in Rafah.
The vote came as U.S. Secretary of State Antony Blinken
visited Israel for talks centered on humanitarian aid
and the looming assault on the city of Rafah.
The vote came as U.S. Secretary of State Antony Blinken
visited Israel for talks centered on humanitarian aid
and the looming assault on the city of Rafah.
The U.S. has called a cease-fire crucial for
protecting civilians and expanding aid distribution
as over 2 million Palestinians face the threat of famine.
NBC reports that the failed resolution contained
no direct link to the release of hostages taken by
Hamas during the group's October 7 attack on Israel.
The resolution did reportedly support diplomatic
efforts "to secure such a cease-fire in connection
with the release of all remaining hostages.".
According to Israel, 130 hostages
remain in Gaza, while another
34 have already died in captivity.
Three previous attempts at
a resolution were vetoed by the U.S.
in October, December and February.
The failed fourth resolution came after the U.N.'s
Integrated Food Security Phase Classification
initiative warned that "famine is imminent" in Gaza. .
The initiative also warned that escalation
of the war could push half of Gaza's
entire population to the edge of starvation.
Credit: Wibbitz Top Stories Duration: 01:31Published
EPA Issues Ambitious, New Rules Aimed at , Cutting Carbon Emissions.
On March 20, the Biden administration
announced new rules regarding
automobile emissions standards.
On March 20, the Biden administration
announced new rules regarding
automobile emissions standards.
NBC reports that officials have called the
new regulations the most ambitious plan to
reduce emissions from passenger vehicles.
NBC reports that officials have called the
new regulations the most ambitious plan to
reduce emissions from passenger vehicles.
The new rules include scaled back
tailpipe limits requested by the
Environmental Protection Agency last April. .
The new rules include scaled back
tailpipe limits requested by the
Environmental Protection Agency last April. .
The new rules come amid slowing
sales of electric vehicles, a critical part
of the plan to meet the new standards.
The new rules come amid slowing
sales of electric vehicles, a critical part
of the plan to meet the new standards.
Last April, the auto industry cited
lower sales growth in its objection
to the EPA's strict standards. .
According to the EPA, the industry
could meet the limits if 56% of new
vehicle sales are electric by 2032.
According to the EPA, the industry
could meet the limits if 56% of new
vehicle sales are electric by 2032.
The EPA plan also called for at least 13% of plug-in
hybrids or other partially-electric cars, in addition
to more efficient gasoline-powered vehicles. .
The EPA's proposed standards would
avoid over 7 billion tons of planet-warming
carbon emissions over the next 30 years. .
The EPA's new rules apply
to model years 2027 to 2032.
The Biden administration's new rules
are set to ramp up to nearly meet
the EPA's limits by 2032.
Credit: Wibbitz Top Stories Duration: 01:30Published
'Devil Comet', May Join Solar Eclipse in , Rare Synchronized Celestial Event.
'Devil Comet', May Join Solar Eclipse in , Rare Synchronized Celestial Event.
NBC reports that a "devil comet" may
be visible during next month's highly
anticipated North American solar eclipse.
So-called "devil comets" are known for
occasional explosive outbursts, which give
the celestial objects their unique appearance.
Last year, an eruption on Comet 12P/Pons-Brooks
left it with two trails of gas and ice, which
give the appearance of devil horns. .
The unique comet is currently
visible in the early evenings from the
Northern Hemisphere on the west-northwest
horizon with the aid of binoculars or telescopes.
The comet is expected to brighten throughout the
month, until it becomes visible to the naked eye as it
reaches its closest point to the sun around mid-April.
NBC reports that the "devil comet" could be visible
during the upcoming April 8 total solar eclipse
if the comet flares significantly in the coming weeks. .
Those in the eclipse's path of totality,
from Texas to Maine, could be treated
to a rare synchronized celestial event. .
The comet was first observed by French
astronomer Jean-Louis Pons in 1812. .
In 1883, British-American astronomer
William Brooks became the second
to spot the rare celestial object.
NBC reports that Comet 12P/Pons-Brooks
orbit around the sun takes 71 years, making
sightings of the comet a truly rare occurrence.
Credit: Wibbitz Top Stories Duration: 01:31Published
A nine-person jury was selected Tuesday to hear a trial that will determine whether Tesla CEO Elon Musk cheated investors with tweets in 2018 saying that he had lined up financing to take the electric..
Credit: euronews (in English) Duration: 01:06Published