International
Elon Musk takes stand in Tesla tweet fraud trial
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.”
“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.
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.
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.
International
Luigi Mangione Pleads Guilty to Killing UnitedHealthcare CEO Brian Thompson
Luigi Mangione admitted Friday to fatally shooting Brian Thompson, the CEO of UnitedHealthcare, the largest health insurance group in the United States, during an appearance before a federal judge.
The case shocked the U.S. business community and dates back to December 2024, when Mangione opened fire on Thompson, 50, on a Manhattan street. Prosecutors have described the attack as being motivated by Mangione’s opposition to the U.S. health insurance system.
“On the morning of December 4, I shot Mr. Thompson in Manhattan and he died,” Mangione said as he pleaded guilty to a federal stalking charge related to his pursuit of the executive.
Mangione, 28, is scheduled to be sentenced on December 18, and prosecutors have indicated that they will seek a life sentence.
In addition to the federal charges related to stalking Thompson, Mangione also faces a murder case brought by the state of New York.
Following his guilty plea in federal court, Mangione’s defense asked a state court to dismiss the state charges, arguing that prosecuting him again for the same conduct would violate protections against double jeopardy.
“We have just filed our motion in state court to explain why the charges should be dismissed under New York’s protections against double jeopardy,” Mangione’s attorney, Karen Friedman Agnifilo, said Friday.
Both the federal and state cases could result in a life sentence. Two other federal charges that initially carried the possibility of the death penalty were dismissed by a judge earlier this year.
International
ICE Plan to Equip Agents With Electric Shock Gloves Raises Abuse Concerns
Plans to equip U.S. immigration agents with gloves capable of delivering electric shocks are raising concerns over potential abuses by a law enforcement agency that critics accuse of using excessive force and providing inadequate training to its personnel.
The plan involves the potential purchase of electric-shock gloves for agents with U.S. Immigration and Customs Enforcement (ICE), the agency primarily responsible for carrying out President Donald Trump’s campaign to deport millions of undocumented immigrants.
Democratic Representative Maxwell Frost criticized the proposal on X, arguing that the agency has already faced accusations of excessive force during immigration enforcement operations.
“As if assaulting and shooting people in the streets wasn’t enough,” Frost wrote. He also criticized the reported $20 million potential expenditure on the devices and called for greater restrictions on ICE.
The agency has faced growing scrutiny following a series of deadly shootings during immigration enforcement operations. Among the incidents were the deaths of two U.S. citizens in Minnesota in January who were participating in protests against the agency.
Critics have focused on the tactics used by ICE agents when detaining immigrants, as well as allegations that training standards for newly recruited personnel have been lowered.
According to a procurement plan first reported by the Associated Press, the Department of Homeland Security (DHS), which oversees ICE, could spend between $10 million and $20 million on the devices.
The gloves are described by the agency as tools intended for “distraction and de-escalation,” rather than lethal weapons. The system, known as GLOVE, stands for “Generated Low-Output Voltage Emitter.”
The device is manufactured by Compliant Technologies, a Kentucky-based company that describes its products as advanced non-lethal tools designed to protect and assist law enforcement and other personnel.
The proposal comes amid an intensifying national debate over ICE’s enforcement methods and the use of force during the Trump administration’s immigration crackdown.
International
Three U.S. Executions Set for Same Day as Trump Pushes to Expand Death Penalty
The death penalty has been abolished in 23 of the 50 U.S. states, while three others —California, Oregon and Pennsylvania— currently have moratoriums in place.
The United States is set to carry out three executions on the same day, a rare occurrence that has not happened since 2010, according to the nonprofit Death Penalty Information Center.
President Donald Trump has sought to expand the use of capital punishment for what he describes as “the most heinous crimes.” In April, the Department of Justice proposed expanding execution methods to include firing squads, lethal gas and electrocution.
Tennessee is scheduled to execute Anthony Darrell Dugard Hines, 66, on Thursday. He was sentenced to death for the 1985 murder of a woman, according to local media.
In Oklahoma, Carlos Cuesta-Rodríguez, 70, is scheduled to be executed for a 2003 murder.
Meanwhile, Alabama plans to execute Jeremy Williams, 42, who was sentenced to death for the rape and murder of a five-year-old girl.
The United States carried out 47 executions in 2025, the highest number since 2009, when 52 executions were recorded.
Florida conducted the largest number of executions last year, with 19, followed by Alabama, South Carolina and Texas, with five each.
Of the executions carried out in 2025, 39 were conducted by lethal injection. Three were carried out by firing squad and five through nitrogen hypoxia, a method that involves forcing nitrogen gas into a face mask, depriving the prisoner of oxygen.
The United Nations has condemned nitrogen gas as a cruel and inhumane method of capital punishment.
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