International

Elon Musk takes stand in Tesla tweet fraud trial

Photo: Reuters

January 23 | By AFP | Glenn Chapman |

Tesla CEO Elon Musk took the stand in a California fraud trial on Friday, accused of lying in tweets about taking the auto company private, punishing investors.

Musk was called to testify by lawyers for angry investors who accuse him of costing them millions of dollars in 2018 with untrue tweets about having funding secured to buy out shareholders at $420 a share.

The multi-billionaire’s tweets sent the Tesla share price on a rollercoaster ride and Musk was sued by shareholders who say the tycoon acted recklessly in an effort to squeeze investors who had bet against the company.

Musk, who bought Twitter itself in October, downplayed the power of his tweets noting under questioning that he once posted that he thought Tesla share price was too high, and “it went higher, which is counter-intuitive.”

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“What I’m trying to say is that the causal relationship is clearly not there simply because of a tweet,” Musk said in a testimony that lasted only thirty minutes and was to be continued on Monday.

The hearing on Friday began with Harvard law and business professor Guhan Subramanian, who was called as an expert witness by the plaintiffs.

He called Musk’s tweeted proposal to take Tesla private as “illusory” and “just wrong” in how it deviated wildly from the way such mega-deals usually take place.

“All I can say is this is just wrong; as a matter of deal process… this isn’t correct,” Subramanian said while being questioned by a defense lawyer about Musk’s tweets.

‘Reckless’ words

Testimonies in the trial opened Wednesday with a lawyer for the upset investors telling jurors Musk lied about having funding in place.

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Nicholas Porritt, who represents lead plaintiff Glen Littleton and other Tesla investors, said the tweets cost “regular people” to lose “millions and millions of dollars.”

Called as the first witness, 71-year-old Littleton told jurors he was heavily invested in Tesla in 2018 in a way that banked on the share price climbing to $500 or more.

Littleton testified that he was “pretty shocked” by Musk’s tweet about taking the company private at $420 a share because it threatened almost all the money he had invested in Tesla.

“It was going to pretty much wipe me out,” Littleton said.

Littleton told jurors he scrambled to save what he could of his investments, getting out of most of his positions at a huge loss.

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Musk is expected to continue testifying at trial on Monday, when his lawyers will get a chance to refute the accusation that he was being deceitful.

The case revolves around a pair of tweets in which Musk said “funding secured” for a project to buy out the publicly traded electric automaker, then in a second tweet added that “investor support is confirmed.”

Porritt told jurors that Musk had selected the $420 share price in the tweet “as a joke” and that the funding to take Tesla private was never locked in, nor credibly pursued.

In his own opening remarks, Musk attorney Alex Spiro said that even though the tweets may have been a “reckless choice of words”, they were “not fraud, not even close.”

The fraud trial is expected to last three weeks.

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International

HRW Warns Trump’s Influence Has Weakened Human Rights in Latin America

Human Rights Watch (HRW) warned that the political influence and rhetoric of U.S. President Donald Trump have contributed to a deterioration of human rights conditions across Latin America and the Caribbean. In its World Report 2026, the organization stated that several governments in the region have committed abuses against migrants and citizens, or have used U.S. policies as justification to impose harsher repressive measures.

During the first year of Trump’s new term, HRW observed that multiple countries violated the rights of foreign nationals under direct pressure from Washington. Other governments deepened security strategies based on militarization, mass detentions and excessive use of force, according to the report.

“The impact of the Trump administration has undoubtedly been negative in Latin America and the Caribbean,” said Juanita Goebertus, HRW’s Americas director. However, she emphasized that “governments in the region remain responsible for defending democracy and fundamental rights, regardless of who is in power in Washington.”

HRW also reported that the United States significantly reduced cooperation funding for human rights organizations and independent media. At the same time, countries such as El Salvador, Peru and Ecuador passed laws allowing the arbitrary closure of civil society organizations and media outlets, weakening democratic systems and institutional checks and balances.

The organization further criticized what it described as a “double standard” in U.S. foreign policy, which condemns human rights violations in Venezuela, Cuba and Nicaragua while overlooking serious abuses committed by allies such as El Salvador, Peru and Ecuador. The report also included criticism of the U.S. military attack against Venezuela in early 2026, warning that it could strengthen Nicolás Maduro’s regime and respond primarily to U.S. political and commercial interests.

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International

Delcy Rodríguez Takes Control of Chavismo as Venezuela Enters a U.S.-Supervised Transition

With short speeches and an academic image, Delcy Rodríguez—the woman sworn in as Venezuela’s acting president—has taken the helm of Chavismo at a critical moment, as the movement seeks to ensure its survival while the country enters a phase of change overseen by the United States, putting the foundations of the revolution to the test.

Following the military operation on January 3 that resulted in the capture of Nicolás Maduro, the Chavista leadership moved quickly to fill the power vacuum and confront the new political dynamic from within the state apparatus. In this context, Rodríguez has emerged as the central figure tasked with steering the ruling movement through an uncertain transition.

Although she has held telephone conversations with U.S. President Donald Trump and Secretary of State Marco Rubio, Rodríguez has publicly insisted on Venezuela’s independence and has sharply criticized an opposition that currently lacks meaningful influence within the political landscape.

“Enough of Washington’s orders over Venezuelan politicians. Venezuelan politics must be the one to resolve our differences and internal conflicts,” Rodríguez said on January 25, while defending her proposal for a “political dialogue” with both “like-minded” and “divergent” sectors, which she had presented two days earlier.

International

Epstein Denies Being ‘the Devil’ in Newly Released Video Interview

Jeffrey Epstein claims he was the least dangerous type of sex offender and denied being “the devil” in a video interview included in the latest batch of documents released over the weekend by the U.S. Department of Justice.

The roughly two-hour interview was conducted by Steve Bannon, a former adviser to U.S. President Donald Trump, and appears to have been recorded at the late financier’s New York residence on an unknown date.

Epstein died by suicide in 2019 while in jail awaiting trial on sex trafficking charges involving minors. Since December, the U.S. government has released millions of documents related to the case under transparency laws.

“Do you think you’re the devil incarnate?” Bannon asks Epstein in the video interview revealed in the latest release.

“No, but I do have a good mirror,” Epstein replies with a smile, wearing a black shirt and glasses. When pressed again, he adds, “I don’t know. Why would you say that?”

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Epstein, who pleaded guilty in 2008 to soliciting a minor for prostitution, also appears to downplay the seriousness of his conviction.

He objects when Bannon refers to him as a “Level Three sexual predator,” a classification in the United States indicating a very serious threat to public safety.

“No, I’m the lowest,” Epstein says.

“But still an offender,” Bannon responds.

“Yes,” Epstein replies.

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The exchange comes after Bannon asks Epstein whether he considers his wealth to be “dirty,” suggesting it was earned by advising “the worst people in the world.”

Epstein insists that he made his money legally, while acknowledging that “ethics is always a complicated issue.”

He claims he donated money to help eradicate polio in Pakistan and India, apparently in an attempt to justify the origins of his fortune.

The documents also show that Bannon maintained regular correspondence with Epstein, who offered to help the far-right political figure spread his conservative ideology in Europe.

Since Trump took office in January 2025, U.S. authorities have released millions of pages related to Epstein, along with photos and videos.

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These materials have shed new light on Epstein’s ties to high-profile business executives such as Microsoft co-founder Bill Gates, celebrities including filmmaker Woody Allen, and academics and political figures, among them Trump and former President Bill Clinton.