Tesla was also sued by Twitter and Elon Musk

According to a new subpoena issued on August 11 (August 2), Twitter all Tesla documents related to Elon Musk's offer to buy this platform. Social media has been requested. Apparently, this electric car manufacturer should be considered the latest victim of the Twitter and Elon Musk lawsuit story.

BingMag.com Tesla was also sued by Twitter and Elon Musk

According to a new subpoena issued on August 11 (August 2), Twitter all Tesla documents related to Elon Musk's offer to buy this platform. Social media has been requested. Apparently, this electric car manufacturer should be considered the latest victim of the Twitter and Elon Musk lawsuit story.

  • Twitter hacker wants to sell the information of 5.4 million users for $30,000

Twitter hired a legal team called Wachtell and sued Elon Musk to the Delaware Supreme Court for regretting the purchase of this social network. Musk is trying to end the dispute by claiming that Twitter violated their agreement by not disclosing detailed information about the number of bots and fake users. Twitter believes that Musk signed a contract to buy this company and uses the non-disclosure of information about bots and fake users as a fake document to get out of this purchase deal. Tesla to provide documents such as Tesla's internal correspondence about Musk's purchase plan, all correspondence between Musk and Twitter, all correspondence between Musk and his co-investors (such as Larry Ellison) and all documents related to the approximately $8.4 billion in Tesla shares that Musk is to provide. Mali's offer to buy Twitter sold them.

Musk is the largest shareholder of Tesla, who owns about 17% of the company's shares or a total of about 175 million dollars of the company's shares. He already sold a lot of his shares. The world's richest man sold about 15 million of his shares worth more than $16 billion last year after polling his Twitter followers. We should mention that the price of Tesla shares has increased slightly compared to before.

  • Twitter's strange history; A story like a breathtaking novel

BingMag.com Tesla was also sued by Twitter and Elon Musk

Twitter is also looking for documents related to the loan. 6.25 billion dollars that Elon Musk received in May. In fact, Musk's plan to buy Twitter included a combination of $21 billion in personal capital and $25.5 billion in loans. Tesla's CEO initially planned to receive a $12.5 billion loan from Tesla. But he later cut the amount of the loan secured by Tesla stock ($12.5 billion) in half ($6.25 billion).

In April, Musk paid $46.5 billion for The purchase of Twitter was considered to be 33.5 billion dollars from its funds. Tesla should submit all documents related to Twitter's requests, such as internal documents related to Musk's tweet on May 13, in which he announced that the Twitter deal was suspended due to non-disclosure of information about the number of bots and fake users. put Twitter also wants all of Tesla's correspondence with the media regarding the purchase contract.

Earlier, Musk's team suggested the court hearings start on October 25, which Twitter also provided that these court hearings end within 5 days. , agreed to it. After that, Judge Kathleen McCormick confirmed this date and announced that the trial of Twitter and Elon Musk will be held from October 25 to October 29 (October 17 to October 21).

Source: TheVerge

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