Factbox-Elon Musk's growing legal challenges

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 63%

Energy Energy Headlines News

Energy Energy Latest News,Energy Energy Headlines

Elon Musk was sued by the U.S. securities regulator related to his takeover of Twitter, the latest court battle against the billionaire whose empire spans electric carmaker Tesla, space startup SpaceX and brain-chip startup Neuralink. Below is a list of Musk's legal entanglements. The U.S. Securities and Exchange Commission has sued Musk to compel the world's richest man to testify as part of a probe into his $44 billion takeover of social media giant Twitter, a court filing on Oct. 5 showed.

FILE PHOTO: U.S. Senate Majority Leader Schumer hosts tech leaders and experts at AI forum at the U.S. Capitol in Washington - Elon Musk was sued by the U.S. securities regulator related to his takeover of Twitter, the latest court battle against the billionaire whose empire spans electric carmaker Tesla, space startup SpaceX and brain-chip startup Neuralink.The U.S.

SpaceX was hit in October by a proposed class action lawsuit filed by a former female employee who claims the firm promotes women and minorities less often than white men. The space startup was also sued by the U.S. Justice Department in August for allegedly discriminating against asylum recipients and refugees in hiring.

In February, a U.S. jury found Musk and Tesla were not liable for misleading investors when the billionaire tweeted in 2018 that he had "funding secured" to take the electric car company private. An attorney for Tesla, in the first U.S. trial over allegations that its Autopilot feature led to a death, however, said the crash was the result of "a classic human error."

-- The Keystone crude pipeline, a vital artery transporting Canadian oil to markets in the US and overseas, is operating at about half of its capacity Wednesday after being halted for maintenance work.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in ENERGY

Energy Energy Latest News, Energy Energy Headlines