Investors mock Elon Musk's bid to move Tesla buyout trial

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SAN FRANCISCO (AP) — Lawyers for Tesla shareholders suing the electric vehicle maker’s CEO Elon Musk over a misleading tweet are urging a federal judge to…

Musk contends he will be treated unfairly by potential jurors in the San Francisco federal court where the 4-year-old case was filed.Sign up to receive daily headline news from Ottawa Citizen, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc.

“For better or worse, Musk is a celebrity who garners attention from the media around the globe,” the shareholders’ attorneys wrote in their 19-page opposition to the transfer request. “His footprint on Twitter alone is partially to blame for that. If ‘negative’ attention was all that was required to disqualify a jury pool, Musk would effectively be untriable before a jury given his knack for attracting ‘negative” coverage.

The shareholders’ attorneys noted that their lawsuit, filed in 2018, would have never been allowed in a Texas federal court at that time because Musk’s buyout tweet occurred while Tesla was based in Palo Alto, California. What’s more, a list of witnesses includes several former Tesla executives living in California who would be improperly inconvenienced if the trial were moved to Texas.

Although Musk for years has been hailed in the San Francisco Bay Area as a technology visionary, Spiro believes his reputation has been badly tarnished throughout the region by negative media coverage since he completed his $44 billion purchase of Twitter in October.

 

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