A group of investors is suing the CEO of Tesla for forcing down the Twitter stock price, amid claims his ability to finance the $44-billion acquisition of Twitter is in "major peril" due to a fall in the Tesla stock price.
The audit was prompted by Musk's demand that Twitter prove that phoney and spam accounts constituted no more than 5% of the total
The paper reported that the Tesla chief executive said he had a goal of dying on Mars
Elon Musk has raised $7bn in new funding for his attempted $44bn buyout of the social media platform
“No further TSLA sales planned after today," Musk wrote on Twitter after the US Securities and Exchange Commission filings became public on Thursday evening
Indian officials said last year that social media platforms may no longer be eligible to seek liability exemptions as intermediaries or the hosts of user content
The SolarCity case was brought after Tesla shareholders accused Musk of coercing the board into buying the struggling solar panel maker to rescue his investment
Elon Musk, Tesla’s chief executive officer and the world’s richest man, acquired social media platform Twitter Inc for $44 billion...