Musk says he can't get fair trial in California, wants Texas
Elon Musk doesn't think he can get a fair trial in San Francisco
By CHRISTOPHER RUGABER
Published - Jan 07, 2023, 07:27 PM ET
Last Updated - Jun 23, 2023, 03:22 AM EDT
WASHINGTON (AP) — Elon Musk has urged a federal judge to shift a trial in a shareholder lawsuit out of San Francisco because he says negative local media coverage has biased potential jurors against him.
The shareholder lawsuit stems from Musk's tweets in August 2018 when he said he had sufficient financing to take Tesla private at $420 a share — an announcement that caused heavy volatility in Tesla's share price.
In a victory for the shareholders last spring, Judge Edward Chen ruled that Musk’s tweets were false and reckless.