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Musk Seeks Dismissal of Tesla Stock-Sale Suit
NEW CASTLE COUNTY, DELAWARE, AUG 5 – Elon Musk seeks to dismiss shareholder lawsuit alleging misuse of insider information to sell $7.5 billion in Tesla stock, claiming jurisdiction issues after Tesla’s 2024 incorporation move to Texas.
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Musk Seeks Dismissal of Lawsuit Over His $7.5 Billion Tesla Stock Sale
Tesla Inc. co-founder Elon Musk urged a Delaware judge to toss an investor lawsuit alleging he improperly sold more than $7.5 billion in shares after receiving inside information that the electric-car maker would miss its production and delivery targets in 2022.
·United States
Read Full ArticleElon Musk Challenges Insider Trading Lawsuit Jurisdiction in Delaware Court
Tesla CEO Elon Musk is asking a Delaware judge to dismiss a shareholder lawsuit that accuses him of using insider information to sell $7.5 billion in Tesla stock in 2022, ahead of disappointing delivery and […]
·Canada
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Total News Sources4
Leaning Left1Leaning Right0Center2Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 33%
C 67%
Factuality
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