Judge says Elon’s trial must take place on Twitter’s court

Elon Musk waves his hands and makes a face in front of a Tesla car.

Elon Musk had a strained relationship with California and the Bay Area especially in recent years, especially since the company moved to Austin, Texas.
Photo: Christian Marquardt – Pool (Getty Images)

A judge has told Tesla CEO Elon Musk and his lawyers that no, the court will not move his next securities fraud trial out of San Francisco, even though there is a dwindling number of people in the city. bay area with a positive opinion from the owner of Twitter.

On Friday, federal judge Edward Chen rejected the claim that the San Francisco-area jury panel was biased against him. Tesla investors accused the Tesla CEO of securities fraud when, in 2018, Musk tweeted about taking the power private vehicle company. Tesla investors alleged that Musk’s tweets were “unquestionably false” and cost them billions when Tesla stock saw wild market swings. The trial is scheduled to begin on January 17.

His infamous “financing assured” message resulted in a big fine and promise to share any potentially harmful message with the Securities and Exchange Commission before publishing it.

Last week, Musk’s lawyers argued that 82% of potential jurors don’t like the CEO of Tesla too much. This was based on a series of questionnaires from 200 prospective jurors. They further argued that Twitter’s mass layoffs and its impact on friends and family of former employees had “affected a substantial portion of the jury pool.”

According to Bloomberg, Musks’ attorney has called recent reports about him and the ongoing Twitter mess “character assassinations,” particularly reports about the mass shootings that have happened at the company since Musk took office last October. Regarding recent reports, the company didn’t stop dismiss employees.

Lawyers then argued that Musk’s trial could be moved to Austin, Texas. The state happens to be where Musk moved Tesla after initially founding the company in Silicon Valley. Musk’s rocket company SpaceX is also based in the Lone Star State, but Chen reportedly said Austin had no material connection to the ongoing lawsuit.

Chen told the court he was sure they could find an unbiased jury. According to The Washington Postthe judge found that there was a much more mixed opinion of Musk and Tesla among the jurors. Bloomberg reported that Chen thought there were many examples of fair juries in controversial cases. He referred to Theranos founder Elizabeth Holmes’ “impartial” jury, which was recently sentenced to just over 11 years in prison in a massive fraud case.

Although Musk may still be spooked by his recent appearance in front of a San Francisco crowd during a live comedy with comedian Dave Chappelle. The crowd mercilessly booed the Twitter owner after he took the stage. Chappelle then joked that maybe a good portion of the audience were former Twitter employees.

But beyond what happened on Twitter, Tesla faced other damaging allegations, including lawsuits alleging a huge cycle of racial slurs at the company’s Northern California plant.

Musk has deteriorated sharply in California in recent years. Musk’s politics are rather nebulous, but since moving to Texas, his public statements have focused on support republicanseven after it is taken over as head of Twitter.

Musk claimed that the Saudi sovereign wealth fund, which continues to be a major investor in Twitter, had agreed to back him in taking Tesla private. This might be more difficult to defend in court, because Bloomberg Law reported the head of the fund Yasir Al Rumayyan argued that he was not obligated to testify at Musk’s trial.

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