Musk misled Twitter investors
Digest more
The Delaware Supreme Court on Friday cut legal fees owed by Tesla Inc. (NASDAQ: TSLA) to $70.9 million from $176.1 million in a shareholder lawsuit over director compensation. The court ruled that a Delaware Chancery Court judge overvalued the settlement ...
Elon Musk testified he had to pay full price to buy Twitter in 2022 because the Delaware judge in the company’s lawsuit to make him consummate the $44 billion deal was “biased” against him, Bloomberg News reported. Musk has openly complained before ...
On December 19, 2025, the Delaware Supreme Court overturned the rescission of Elon Musk’s 2018 Tesla compensation grant and instead awarded nominal damages and substantially reduced attorneys’ fees. The case stemmed from a stockholder challenge to ...
Elon Musk has urged companies to leave Delaware and reincorporate elsewhere.Joe Sohm/Visions of America/Universal Images Group via Getty Images A handful of billionaires and prominent companies have tried to cement a new, less-than-ideal narrative about ...
Elon Musk, already the world's richest man, scored another huge windfall Friday when the Delaware Supreme Court reversed a decision that deprived him of a $55 billion pay package that Tesla doled out in 2018 as an incentive for its CEO to steer the ...
Elon Musk has responded after the governor of Delaware criticized his actions as the head of the Department of Government Efficiency. Speaking on CNBC, Governor Matt Meyer asked Musk to stop making cuts to federal agencies, causing Musk to accuse the ...
Closing arguments are set to kick off Tuesday in a trial pitting Elon Musk against Twitter shareholders who say the world’s richest man engaged in a pattern of deceptive behavior that misled investors as he attempted to back out of his $44 billion deal to buy the social media platform in 2022.