• Login
NEWSLETTER
Ozillo News
No Result
View All Result
  • Home
  • News
  • Health
  • Sports
  • Tech
    ‘Something is wrong’: Elon Musk makes Twitter account private

    ‘Something is wrong’: Elon Musk makes Twitter account private

    ‘World-first’ crypto regime set out by UK government

    ‘World-first’ crypto regime set out by UK government

    PS5: Sony thanks fans as it gives update on supply of PlayStation 5

    PS5: Sony thanks fans as it gives update on supply of PlayStation 5

    Webpages showing children sexually abusing themselves ‘up 1,000% since 2019’

    Webpages showing children sexually abusing themselves ‘up 1,000% since 2019’

    Kevin McCarthy cryptic over private meeting with Elon Musk

    Kevin McCarthy cryptic over private meeting with Elon Musk

    New brain-computer interface transmits thoughts to words in record time

    New brain-computer interface transmits thoughts to words in record time

    Trending Tags

    • Sillicon Valley
    • Climate Change
    • Election Results
    • Flat Earth
    • Golden Globes
    • MotoGP 2017
    • Mr. Robot
  • Politics
  • Entertainment
    • All
    • Sports
    2999

    In a World Series built on stars, Shohei Ohtani’s absence would be diminishing

    2998

    F1’s Sergio Pérez is having a ‘terrible’ season. Can he break through at home in Mexico?

    2997

    In Japan, watching this World Series may be the national pastime

    2996

    Inside La Finca, Madrid’s ‘Beverly Hills’ and home to Mbappe, Bellingham and more…

    2995

    The Hater’s Guide to the 2024 World Series

    2994

    Does USMNT have an attendance issue? The answer isn’t simple

    2993

    Minnesota coach Cheryl Reeve says series ‘stolen’ after poor officiating in WNBA Finals loss to Liberty

    2992

    USC has invested heavily in Lincoln Riley and his staff. Where are the results?

    2991

    Austin readies for one of its biggest sports weekends

  • Lifestyle
    • All
    • Health
    How Women’s Soccer Is Embracing Mental Health

    E.P.A. Pulls Pesticide Dacthal From the Market Over Health Concerns

    How Women’s Soccer Is Embracing Mental Health

    A Long-Distance Handcycling Trek in Santa Fe

    How Women’s Soccer Is Embracing Mental Health

    Parkinson’s Expert Visited the White House Eight Times in Eight Months

    How Women’s Soccer Is Embracing Mental Health

    Videos Show Ants Amputating Nest Mates’ Legs to Save Their Lives

    How Women’s Soccer Is Embracing Mental Health

    Your Brain Holds Secrets. Scientists Want to Find Them.

    How Women’s Soccer Is Embracing Mental Health

    Malaria Vaccine Rollout to Africa Is a Cautionary Tale

    How Women’s Soccer Is Embracing Mental Health

    FDA Approves Donanemab, Eli Lilly’s New Drug for Early Alzheimer’s

    How Women’s Soccer Is Embracing Mental Health

    V. Craig Jordan, Who Discovered a Key Breast Cancer Drug, Dies at 76

    How Women’s Soccer Is Embracing Mental Health

    New Drug Approved for Early Alzheimer’s

    How Women’s Soccer Is Embracing Mental Health

    Mildred Thornton Stahlman, Pioneer in Neonatal Care, Dies at 101

    Trending Tags

    • Golden Globes
    • Mr. Robot
    • MotoGP 2017
    • Climate Change
    • Flat Earth
  • Business
  • Home
  • News
  • Health
  • Sports
  • Tech
    ‘Something is wrong’: Elon Musk makes Twitter account private

    ‘Something is wrong’: Elon Musk makes Twitter account private

    ‘World-first’ crypto regime set out by UK government

    ‘World-first’ crypto regime set out by UK government

    PS5: Sony thanks fans as it gives update on supply of PlayStation 5

    PS5: Sony thanks fans as it gives update on supply of PlayStation 5

    Webpages showing children sexually abusing themselves ‘up 1,000% since 2019’

    Webpages showing children sexually abusing themselves ‘up 1,000% since 2019’

    Kevin McCarthy cryptic over private meeting with Elon Musk

    Kevin McCarthy cryptic over private meeting with Elon Musk

    New brain-computer interface transmits thoughts to words in record time

    New brain-computer interface transmits thoughts to words in record time

    Trending Tags

    • Sillicon Valley
    • Climate Change
    • Election Results
    • Flat Earth
    • Golden Globes
    • MotoGP 2017
    • Mr. Robot
  • Politics
  • Entertainment
    • All
    • Sports
    2999

    In a World Series built on stars, Shohei Ohtani’s absence would be diminishing

    2998

    F1’s Sergio Pérez is having a ‘terrible’ season. Can he break through at home in Mexico?

    2997

    In Japan, watching this World Series may be the national pastime

    2996

    Inside La Finca, Madrid’s ‘Beverly Hills’ and home to Mbappe, Bellingham and more…

    2995

    The Hater’s Guide to the 2024 World Series

    2994

    Does USMNT have an attendance issue? The answer isn’t simple

    2993

    Minnesota coach Cheryl Reeve says series ‘stolen’ after poor officiating in WNBA Finals loss to Liberty

    2992

    USC has invested heavily in Lincoln Riley and his staff. Where are the results?

    2991

    Austin readies for one of its biggest sports weekends

  • Lifestyle
    • All
    • Health
    How Women’s Soccer Is Embracing Mental Health

    E.P.A. Pulls Pesticide Dacthal From the Market Over Health Concerns

    How Women’s Soccer Is Embracing Mental Health

    A Long-Distance Handcycling Trek in Santa Fe

    How Women’s Soccer Is Embracing Mental Health

    Parkinson’s Expert Visited the White House Eight Times in Eight Months

    How Women’s Soccer Is Embracing Mental Health

    Videos Show Ants Amputating Nest Mates’ Legs to Save Their Lives

    How Women’s Soccer Is Embracing Mental Health

    Your Brain Holds Secrets. Scientists Want to Find Them.

    How Women’s Soccer Is Embracing Mental Health

    Malaria Vaccine Rollout to Africa Is a Cautionary Tale

    How Women’s Soccer Is Embracing Mental Health

    FDA Approves Donanemab, Eli Lilly’s New Drug for Early Alzheimer’s

    How Women’s Soccer Is Embracing Mental Health

    V. Craig Jordan, Who Discovered a Key Breast Cancer Drug, Dies at 76

    How Women’s Soccer Is Embracing Mental Health

    New Drug Approved for Early Alzheimer’s

    How Women’s Soccer Is Embracing Mental Health

    Mildred Thornton Stahlman, Pioneer in Neonatal Care, Dies at 101

    Trending Tags

    • Golden Globes
    • Mr. Robot
    • MotoGP 2017
    • Climate Change
    • Flat Earth
  • Business
No Result
View All Result
Ozillo News
No Result
View All Result

Elon Musk tells California jury 420 buyout tweet had nothing to do with marijuana

by admin
30 January 2023
in Tech
0
Elon Musk tells California jury 420 buyout tweet had nothing to do with marijuana

[ad_1]

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails

Sign up to our free breaking news emails

Elon Musk has told a California jury that his 2018 tweet about taking Tesla private at $420 a share was “not a joke” and had nothing to do with marijuana.

The billionaire has been sued by a group of Tesla investors who say that Mr Musk’s tweet was misleading and cost them tens of millions of dollars.

Mr Musk told the jury on Monday that he had discussed taking the electric vehicle company private with entrepreneur Michael Dell, who took his own company private in 2013.

And he insisted that he “unequivocally wanted to take Tesla private,” according to Bloomberg.

Mr Musk first apologized to the jury and said he was “not at my best” as he had “trouble sleeping last night.”

But he insisted that when he tweeted about taking Tesla private, he believed that he had funding secured after meeting with officials from Saudi Arabia’s Investment Fund.

Am considering taking Tesla private at $420. Funding secured.

— Elon Musk (@elonmusk) August 7, 2018

“Just as I sold stock in Tesla to buy Twitter. … I didn’t want to sell Tesla stock but I did sell Tesla stock,” he said of his $44bn purchase of the social media platform in October, which took it private.

“My SpaceX shares alone would have meant that funding was secured,” he said of the 2018 tweets.

In the first of the 2018 tweets, Mr Musk stated “funding secured” for what would have been a $72bn buyout of the company at $420 per share. He later tweeted that the deal was imminent.

Nicholas Porritt, a lawyer for the Tesla shareholders, asked Mr Musk if he “went with 420 because it was a joke your girlfriend enjoys.”

The billionaire replied that there was “some karma” around the number, which is also a slang term for marijuana, but added he did not know if “it’s good karma or bad karma at this point.”

Mr Musk told the jury that the use of the number was a “coincidence” and represented a 20 per cent premium of Tesla’s share price in August 2018.

When the deal never materialised, Mr Musk and Tesla agreed to a $40m settlement with the Securities and Exchange Commission that allowed him to stay as the company’s CEO but forced him to stand down as company chairman for three years.

During his testimony on Friday, Mr Musk told the jury that it was “absurd” to make any connection between his tweets and changes in Tesla’s stock price.

“Just because I tweet something does not mean people will believe it or act accordingly,” Mr Musk said.

The Associated Press contributed to this report.



[ad_2]
Kaynak: briturkish.com

admin

admin

Next Post
Britishvolt collapse: MPs launch inquiry into UK electric vehicle industry

Britishvolt collapse: MPs launch inquiry into UK electric vehicle industry

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Category

  • ! Без рубрики
  • 1
  • 1_5000_com
  • 10120_sat
  • 1020i
  • 10300_sat
  • 1041i
  • 11200_prod
  • 1win
  • 1win Aviator 104
  • 2090
  • 22
  • 26
  • 3
  • 334i
  • 4
  • 5
  • 6
  • 667
  • 9600_prod2
  • 9800_sat
  • 9925_sat
  • 9950_prod
  • adobe generative ai 1
  • adobe generative ai 3
  • adobe photoshop
  • AI News
  • ai sales bot 4
  • aprBH
  • aviator
  • Bdm Bet 310
  • Bdm Bet Codigo Promocional 228
  • Bdm Bet Codigo Promocional 816
  • Beste Casino's in België
  • Beste legitime Mail -Bestellung Brautwebsites
  • beste postordre brudland
  • Bet Mex
  • Betbarter App 779
  • Betgol Login 805
  • betify
  • Betonred App 983
  • Betonred Bonus 882
  • Betpix Io Original 128
  • BH
  • Blitz
  • blog
  • Bookkeeping
  • BT
  • Business
  • Cbd Oil Online 857
  • cГіmo ordenar correo orden novia
  • D2
  • D3
  • E
  • FinTech
  • fortunetiger
  • freshbet
  • generative ai application landscape 1
  • Gym 603
  • Health
  • How To Set Up A Crypto Wallet 75
  • IT Education
  • IT Vacancies
  • IT Образование
  • IT Освіта
  • izzi
  • Kasyno
  • Kudos Casino Login 94
  • Kudos Casino No Deposit Bonus 124
  • Kudos Casino No Deposit Bonus 2024 788
  • Lifestyle
  • mail order bride legit sites
  • miglior ordine postale agenzia sposa reddit
  • miglior ordine postale sposa paese
  • n_pb
  • names
  • new
  • New Post
  • News
  • Onabet Vem Com Tudo 761
  • Parimatch
  • PB
  • PinUp
  • Play Croco Australia 795
  • Plinko
  • Politics
  • posto migliore per ricevere la sposa per corrispondenza
  • prestamosenbarcelona enlace significativo
  • prestamosenbilbao.es Pagina web
  • prestamosenmadrid.net buen sitio
  • Queen 777 Casino 579
  • Sat Bet 450
  • Slottica Kontakt 862
  • Slottica Login 797
  • smart ai chat
  • Sober living
  • Software development
  • Sports
  • Tech
  • The_Evolution
  • TwinCasino Spin Variant
  • Uncategorized
  • Usdc Matic To Usdt Ton 348
  • Usdt Trc20 104
  • vad är postorder brudtjänster
  • www.cauciucuribucuresti.ro
  • www.churchgrowthresearch.org.uk
  • www.coronatest-rv.de
  • www.weisse-magie.co
  • www.zsolovi.cz
  • Без категории
  • Остатки
  • Финтех
  • Contact

Corpyright © 2022 OzilloNews

No Result
View All Result
  • Home
  • News
  • Health
  • Sports
  • Tech
  • Entertainment
  • Lifestyle
  • Politics
  • Business

Corpyright © 2022 OzilloNews

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In