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A satirical April Fools' Day article claimed Warren Buffett's Berkshire Hathaway acquired Tesla for $1 trillion, misleading many. The piece humorously suggested Buffett had secretly embraced tech, driving a Cybertruck at night. In a separate legal matter, a judge allowed shareholders to pursue a lawsuit against Elon Musk, alleging he misled them regarding his Twitter stake, which he delayed disclosing, saving over $200 million. The case highlights concerns over Musk's tweets and their potential impact on stock prices.
Elon Musk faces a class-action lawsuit from former Twitter shareholders alleging securities fraud for failing to disclose his stock purchases in a timely manner. A judge ruled the case can proceed, noting Musk's actions misled the market and contributed to shareholders selling at "artificially deflated prices." Musk's attorneys claim the late disclosure was an error, while he continues to expand his business ventures, including a merger between xAI and the social network.
Andrew L. Carter Jr.
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warren buffett did not buy tesla for one trillion dollars
20:29 01.04.2025
Elon Musk faces lawsuit over alleged securities fraud involving Twitter shares
01:20 29.03.2025
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