Elon Musk Twitter Case Deposition Delayed, FTX US Goes Shopping,

Elon Musk Twitter Case Deposition Delayed, FTX US Goes Shopping,

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Bloomberg

As Twitter CEO Elon Musk delays testimony, the legal profession is suspicious of the Tesla boss’s tendency to insult opposing attorneys

  • The much-anticipated cancellation of Elon Musk in which Twitter Inc TWTR The lawsuit has been delayed, according to multiple reports citing sources.
  • Musk will now be deposed at an undetermined date in the future. According to court documents, the original schedule called for a two-day deposition beginning Monday and possibly extending through Wednesday.

Wall Street Journal

Ford is pleading for a new trial after a $1.7 billion jury verdict in a truck rollover mishap

  • Ford Motor Co f urged a Georgia court to start a new trial after a jury returned a $1.7 billion verdict against the automaker over a truck rollover accident that killed two people came to life.
  • Ford claimed unfair disqualification from providing evidence showing the truck involved was safe, with a more robust roof structure than many of its peers.
  • Ford filed two motions in Gwinnett County State Court in Georgia. One called for a new trial, the other challenged the punitive damages awarded to the company in August.

Reuters

Stellantis, Uber Eye France’s EV market

  • automaker Stellantis NV STLA and Uber Technologies Inc ABOVE collaborated with Free2Move to focus on the French electric vehicle market.
  • Free2Move would help Uber convert 50% of its vehicle fleet to electric models in France.
  • Producing and selling more electric and hybrid vehicles is also critical for Stellantis Chef Carlos Tavares‘ plan to double total Stellantis sales by 2030.
  • Uber is committed to becoming a zero-emissions platform in US and Canadian cities and major urban centers worldwide by 2030.

Porsche IPO is priced at the upper end of the expected range

  • Volkswagen AG VWAGY own luxury sports car brand Porsche AG Shares are expected to be valued at the upper end of the range on the forthcoming listing.
  • Expected range will likely value the automaker at up to €75 billion ($72 billion).
  • The luxury…


Read full story here https://www.benzinga.com/general/biotech/22/09/29028413/top-financial-media-stories-tuesday-september-27-elon-musk-texted-oracle-co-founder-before-holdin

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