Saturday, May 31, 2025
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

Twitter to interview Elon Musk, known for combative testimony By Reuters

by Reuters
September 26, 2022
in Finance
Reading Time: 3 mins read
A A
0
Home Finance
Share on FacebookShare on Twitter


© Reuters. Elon Musk’s Twitter profile is seen on a smartphone placed on printed Twitter logos in this picture illustration taken April 28, 2022. REUTERS/Dado Ruvic/Illustration

By Tom Hals

WILMINGTON, Del (Reuters) – Billionaire Elon Musk’s tendency to dish out insults while being questioned under oath will be tested anew on Monday, when lawyers for Twitter Inc (NYSE:) are due to interview the Tesla (NASDAQ:) Inc CEO about his abrupt decision in July to ditch his $44 billion deal for the social media company.

Testifying in past legal battles, the world’s richest person has called opposing attorneys “reprehensible,” questioned their happiness and accused them of “extortion.” He asked one attorney if he was working on a contingency because the lawyer’s client was allegedly behind on child support payments.

“So probably you’re on a contingency or you’re taking that kid’s money. Which is it?” Musk asked a lawyer for a whistleblower in a case against Tesla, according to a transcript of the 2020 deposition.

The high-stakes Twitter interview is closed to the public and scheduled to begin on Monday and run into Wednesday, if needed, according to court records.

Musk’s lawyers will want to keep him focused on answering questions, but that can be a challenge with such a smart and opinionated witness, said James Morsch, a corporate litigator who is not involved in the court battle.

“I would compare it to trying to hold a tiger by his tail,” Morsch said.

In a 2019 deposition in litigation over Tesla’s takeover of solar-panel maker SolarCity, Musk refused five times to answer one of the initial questions because of the way it was worded, the transcript shows.

“We can stare at each other until you rephrase it,” Musk told opposing attorney Randall Baron, according to a transcript.

“I’ll guess we’ll just cancel this deposition,” Baron responded. Baron suggested that he would seek an order from the judge directing Musk to answer questions, which seemed to get things moving.

Twitter declined to comment and Musk’s legal team did not immediately respond to a request for comment.

Twitter’s attorneys are expected to use the interview to try to show that Musk abandoned the deal due to falling financial markets and not because the company misled him about the real number of users or hid security flaws, as he alleged.

Musk wants a judge to allow him to walk away without penalty, while Twitter wants an order forcing him to buy the company for $54.20 per share. Twitter’s stock ended up 0.4% at $41.58 on Friday.

A five-day trial is scheduled to begin on Oct. 17 in Wilmington, Delaware.

Dozens of depositions are scheduled in the case, including of Twitter CEO Parag Agrawal on Monday, as each side questions witnesses and gathers evidence to make its case. Agrawal is scheduled to answer questions from Musk’s lawyers at a law firm in San Francisco starting at 9 a.m. local time, according to a court filing.

Twitter co-founder and former Twitter CEO Jack Dorsey was scheduled to be deposed last week.

Musk at times has shown in his depositions the charm and wit he deploys on Twitter, where he has built a cult-like following.

The Twitter deposition atmosphere could be especially fraught. Its legal team includes the firm of Wachtell, Lipton, Rosen & Katz, and the main lawyer on the case, Bill Savitt, initially represented Musk and Tesla in the SolarCity deal, although not during discovery and depositions in the litigation.

Savitt did not respond to a request for comment.

Twitter is also represented by Wilson Sonsini Goodrich & Rosati.

A constant in the three depositions reviewed by Reuters is Musk’s dislike of attorneys representing the opposing side, who he accuses of “trickery” and pursuing him merely for money.

“I heard yesterday that 3% of the U.S. economy is legal services. That’s one of the saddest facts I’ve heard in a long time,” Musk said to Baron, the lawyer in the SolarCity deposition.

The deposition in the litigation with the Tesla whistleblower, Martin Tripp, who accused the company of wasting raw materials, began with Musk being asked if he understood the oath he took to testify truthfully.

“This sounds like some sort of legalese, semantic argument. The — what is the whole truth of something?” asked Musk, according to the transcript. “You say, ‘Is that a tree? What kind of tree is it? Is it a tree with lots of leaves?’ Or is — if you’re saying something is a tree is the whole truth? No, of course not.”

Tripp’s attorney reminded Musk that the judge warned he would oversee the deposition in person if questions weren’t answered properly.

“Do you intend to comply with the judge’s admonition there?” asked attorney William Fishbach.

“Of course,” Musk said.



Source link

Tags: CombativeElonInterviewMuskReuterstestimonyTwitter
Previous Post

A Dive Into The Housing Market: Lennar Is One Of My Top Picks (NYSE:LEN)

Next Post

Axis Bank Sets Eye On Semi-Urban, Rural Markets To Expand Credit Card Business

Related Posts

Shapoorji Group secures .4 billion in record Deutsche-led credit deal

Shapoorji Group secures $3.4 billion in record Deutsche-led credit deal

by Shilpy Sinha
May 31, 2025
0

Deutsche Financial institution anchored the most important personal credit score deal outdoors of the US, garnering $3.35 billion for the...

The Tobacco Standard in Colonial America

The Tobacco Standard in Colonial America

by Joshua Mawhorter
May 30, 2025
0

One can't research the historical past of colonial America, particularly Virginia, with out realizing the importance of tobacco. In 1612,...

How your pension salary sacrifice works – and what HMRC tax changes would cost you

How your pension salary sacrifice works – and what HMRC tax changes would cost you

by Karl Matchett
May 31, 2025
0

Signal as much as our free cash publication for funding evaluation and knowledgeable recommendation that will help you construct wealthSignal...

Trump’s Global Trade Plans Are in Disarray, Amid Legal Appeals to a US Court Ruling on ‘Liberation Day’ Tariffs

Trump’s Global Trade Plans Are in Disarray, Amid Legal Appeals to a US Court Ruling on ‘Liberation Day’ Tariffs

by Yves Smith
May 30, 2025
0

Yves right here. Regardless that the Trump Crew is attempting to protect the looks of getting the higher hand in...

Inflation rate slipped to 2.1% in April, lower than expected, Fed’s preferred gauge shows

Inflation rate slipped to 2.1% in April, lower than expected, Fed’s preferred gauge shows

by Jeff Cox
May 31, 2025
0

Inflation barely budged in April as tariffs President Donald Trump applied within the early a part of the month had...

’50 tonnes per day’: Fishermen report an enormous soar in Octopus inhabitants alongside English Channel indicating a stress in deep ocean

’50 tonnes per day’: Fishermen report an enormous soar in Octopus inhabitants alongside English Channel indicating a stress in deep ocean

by Index Investing News
May 30, 2025
0

Unusually warmth sea temperatures throughout the North Atlantic are disrupting marine ecosystems, leading to a sharp rise in octopus catches...

Next Post
Axis Bank Sets Eye On Semi-Urban, Rural Markets To Expand Credit Card Business

Axis Bank Sets Eye On Semi-Urban, Rural Markets To Expand Credit Card Business

Next RBI Monetary Policy Review 2022 Date, Expectations: MPC is meeting on these dates – Another hike in the offing? DETAILS

Next RBI Monetary Policy Review 2022 Date, Expectations: MPC is meeting on these dates - Another hike in the offing? DETAILS

Leave a Reply Cancel reply

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

Ethereum’s 50% rally setup vs. Bitcoin sparks altseason hopes

Ethereum’s 50% rally setup vs. Bitcoin sparks altseason hopes

May 31, 2025
Enlightened Americans should stay and fight, not leave | Politics

Enlightened Americans should stay and fight, not leave | Politics

May 31, 2025
Insurance stocks Lemonade, Mercury among biggest financial gainers of the week

Insurance stocks Lemonade, Mercury among biggest financial gainers of the week

May 31, 2025
China asks Nepal to join its new international mediation organisation

China asks Nepal to join its new international mediation organisation

May 31, 2025
Elden Ring Nightreign Director Interview: He Solo’d Every Boss and So Can You

Elden Ring Nightreign Director Interview: He Solo’d Every Boss and So Can You

May 31, 2025
What the Name Change Means for You

What the Name Change Means for You

May 31, 2025
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

Ethereum’s 50% rally setup vs. Bitcoin sparks altseason hopes

Enlightened Americans should stay and fight, not leave | Politics

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

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