Twitter management intends to sue Tesla CEO Elon Musk, who announced his refusal to buy the social network, Bret Taylor, chairman of the company’s board of directors, said.
“Twitter’s board of directors is committed to closing the deal at the price and terms agreed with Mr. Musk and plans to take legal action to enforce the merger agreement. We are confident we will prevail in the Delaware court,” Taylor tweeted.
Musk previously notified Twitter that he was pulling out of the purchase deal. “Mr. Musk is terminating the Merger Agreement because Twitter is in material breach of multiple provisions of the Agreement,” a spokesman for the company said in a letter.
Elon Musk and his companies Tesla Inc. and Space Exploration Technologies Corp. (SpaceX) filed a $258 billion lawsuit in connection with their promotion of the Dogecoin cryptocurrency, reports Bloomberg.
The plaintiff – Keith Johnson – alleges that Musk and his companies created a fraudulent scheme to inflate the value of Dogecoin.
“Defendants falsely claimed that the Dogecoin cryptocurrency is a prudent investment even though it has no value at all,” the lawsuit filed in Manhattan federal court says.
Johnson, who claims he “lost money because of the crypto pyramid created by the defendants,” expects his lawsuit to become a class action, with other people who have also lost money trading Dogecoin since April 2019 joining him.
In addition to damages, he demands that the court prohibit Musk and his companies from promoting Dogecoin.
The cryptocurrency, created in 2013 in honor of the Internet meme Doge with a Shiba Inu dog, is trading on Thursday at $0.057, since the beginning of this year its rate has fallen by 67%. Last year, the value of Dogecoin rose to $0.74.
Musk has previously stated that Tesla and SpaceX will sell their merchandise for Dogecoin. In January, he suggested that McDonald’s start accepting the cryptocurrency, tweeting that he would “eat the Happy Meal on TV if McDonald’s accepts Dogecoin.”
Head of Tesla Inc. Elon Musk, in addition to Starlink satellite Internet stations, donated Tesla Powerwall solar panels to Ukraine.
“Today, two outpatient clinics in Borodianka and Irpin have received Tesla Powerwall solar panels and energy saving systems,” Deputy Prime Minister – Minister of Digital Transformation of Ukraine Mykhailo Fedorov said on Telegram.
According to him, these solar panels and generators have become very popular in America.
“The Powerwall energy system has high autonomy and provides backup power in case of power outages. This ultra-modern equipment will help Ukrainians in the areas most affected by the Russian occupation,” Fedorov stressed.
President of Ukraine Volodymyr Zelensky has invited American businessman, founder of the space company SpaceX Elon Musk to visit the Serhiy Korolyov Museum of Cosmonautics, located in Zhytomyr.
“Today is the birthday of the great Ukrainian scientist, rocket engineer and spacecraft designer – Serhiy Korolyov. Indeed, he was one of the very best. I’d like to invite his longtime fan Elon Musk to Ukraine, to see The Serhiy Korolyov Museum of Cosmonautics,” Zelensky wrote on Twitter, commenting on Musk’s message about communicating with Korolyov’s family.
Museum of Cosmonautics named after Korolyov was opened in Zhytomyr in 1970 in the house where the designer spent his childhood. The exhibition presents personal belongings and documents of the Korolyov family, including those provided to the museum by the designer’s mother, wife and daughter, as well as his friends and colleagues.
In 1991, the second part of the museum was opened – the “Cosmos” exposition moved to a special building, which presents a collection of samples of space technology, equipment for cosmonauts, the descent vehicle of the Soyuz-27 spacecraft, an exhibition sample of the Soyuz spacecraft, models of life-size spacecraft and nine milligrams of lunar soil.
