FOLLOW US

  • facebook
  • twitter
Tue

March 3, 2026

America January 24, 2023

Tesla Trial Continues; Musk Testifies

America ı By Sierra Rast

141 0 Comments

On January 23, 2023, Elon Musk officially spoke regarding his federal securities trial. The Tesla CEO testified that Tesla's funding was secured verbally by a Saudi Arabian group, but that at some point down the line the company "backpedaled from the pledge" and allegedly did what Musk calls "ass-covering." The trial is now on its fourth day; Musk spoke yesterday on the 23rd. The trial is set to last three weeks and is based on claims that Musk "violated securities law when he tweeted falsely and recklessly about taking the company private at $42/share." The issue stems from Musks misunderstanding that a verbal agreement and handshake with Yasir Al-Rumayyan. Al-Rumayyan is the managing director of Saudi Arabia's Public Investment Fund. The "agreement" took place in July 2018, when the managing director came to an alleged agreement. After this agreement took place, Musk sent out the tweet in question, as he believed the private deal was official. It has become clear that there was no formal writing between the two, which Musk has admitted to.

Previous Article

Arizona Law Enforcement Looks to Raise Awareness About Human Trafficking

Read More
58 Posts

Sierra Rast

Don’t Miss It
Arizona December 12, 2024
Arizona Bar Opens Investigation on Attorney Aaron Kelly
By – Paul O'Neal
See More
Arizona January 11, 2025
Kelly Warner Law Firm Blames USA Herald for Arizona Bar Investigation

In what appears as a desperate attempt to defend multiple allegations of fraud on the courts, the Kelly Warner Law…

By – USA Herald
Arizona January 4, 2025
Aaron Kelly Law Firm Resorts To Attacking Former Client Again On KellyWarnerLaw.com – Pattern Recognized

Attorney Aaron Kelly and his law partner Daniel Warner are currently under investigation by the Arizona Bar for legal misconduct.…

By – Jeff Watterson
Arizona December 12, 2024
Arizona Bar Opens Investigation on Attorney Aaron Kelly

USA Herald recently reported on a developing story involving Attorneys Daniel Warner and Aaron Kelly. Both Warner and Kelly have…

By – Paul O'Neal
America March 3, 2026
McDonald’s CEO Taste-Test Video Sparks Online Buzz As ‘Big Arch’ Burger Launch Draws Mixed Reactions

A promotional video featuring Chris Kempczinski, the chief executive of McDonald’s Corp., has gone viral after social media users mocked…

By – Tyler Brooks
America March 3, 2026
Comcast Files $54M Claim, Says Dish Cannot Use Force Majeure To Escape Network Deal

Comcast Corp. has expanded its legal battle against DISH Wireless L.L.C. and parent company EchoStar Corp., alleging that the defendants…

By – Tyler Brooks
America March 3, 2026
J&J Talc Subsidiary Revives Trade Libel Claim Over Scientific Article

A bankrupt subsidiary linked to Johnson & Johnson has succeeded in reopening a trade libel lawsuit targeting a 2020 scientific…

By – Ahmed Boughalleb
America March 3, 2026
Cable Trade Group Challenges Copyright Office Rule Over Retransmission Royalty Calculations

The cable industry’s leading lobbying organization has filed suit in federal court in Washington, D.C., accusing the U.S. Copyright Office…

By – Tyler Brooks
America March 3, 2026
Gamers Revamp $7.85M PlayStation Antitrust Deal In Third Push For Court Approval

Gamers pursuing antitrust claims against Sony Interactive Entertainment LLC have made a third attempt to secure preliminary approval of a…

By – Ahmed Boughalleb
America March 3, 2026
Backlash Builds As OpenAI Signs US Military Deal, Fueling ‘Cancel ChatGPT’ Movement

OpenAI is facing mounting criticism after confirming a partnership with the U.S. Department of War, a move that has triggered…

By – Tyler Brooks
America March 3, 2026
McDonald’s CEO Taste-Test Video Sparks Online Buzz As ‘Big Arch’ Burger Launch Draws Mixed Reactions

A promotional video featuring Chris Kempczinski, the chief executive of McDonald’s Corp., has gone viral after social media users mocked…

By – Tyler Brooks
America March 3, 2026
Comcast Files $54M Claim, Says Dish Cannot Use Force Majeure To Escape Network Deal

Comcast Corp. has expanded its legal battle against DISH Wireless L.L.C. and parent company EchoStar Corp., alleging that the defendants…

By – Tyler Brooks
America March 3, 2026
J&J Talc Subsidiary Revives Trade Libel Claim Over Scientific Article

A bankrupt subsidiary linked to Johnson & Johnson has succeeded in reopening a trade libel lawsuit targeting a 2020 scientific…

By – Ahmed Boughalleb
America March 3, 2026
Cable Trade Group Challenges Copyright Office Rule Over Retransmission Royalty Calculations

The cable industry’s leading lobbying organization has filed suit in federal court in Washington, D.C., accusing the U.S. Copyright Office…

By – Tyler Brooks
America March 3, 2026
Gamers Revamp $7.85M PlayStation Antitrust Deal In Third Push For Court Approval

Gamers pursuing antitrust claims against Sony Interactive Entertainment LLC have made a third attempt to secure preliminary approval of a…

By – Ahmed Boughalleb
America March 3, 2026
Backlash Builds As OpenAI Signs US Military Deal, Fueling ‘Cancel ChatGPT’ Movement

OpenAI is facing mounting criticism after confirming a partnership with the U.S. Department of War, a move that has triggered…

By – Tyler Brooks
America March 3, 2026
McDonald’s CEO Taste-Test Video Sparks Online Buzz As ‘Big Arch’ Burger Launch Draws Mixed Reactions

A promotional video featuring Chris Kempczinski, the chief executive of McDonald’s Corp., has gone viral after social media users mocked…

By – Tyler Brooks
America March 3, 2026
Comcast Files $54M Claim, Says Dish Cannot Use Force Majeure To Escape Network Deal

Comcast Corp. has expanded its legal battle against DISH Wireless L.L.C. and parent company EchoStar Corp., alleging that the defendants…

By – Tyler Brooks
America March 3, 2026
J&J Talc Subsidiary Revives Trade Libel Claim Over Scientific Article

A bankrupt subsidiary linked to Johnson & Johnson has succeeded in reopening a trade libel lawsuit targeting a 2020 scientific…

By – Ahmed Boughalleb
America March 3, 2026
Cable Trade Group Challenges Copyright Office Rule Over Retransmission Royalty Calculations

The cable industry’s leading lobbying organization has filed suit in federal court in Washington, D.C., accusing the U.S. Copyright Office…

By – Tyler Brooks
America March 3, 2026
Gamers Revamp $7.85M PlayStation Antitrust Deal In Third Push For Court Approval

Gamers pursuing antitrust claims against Sony Interactive Entertainment LLC have made a third attempt to secure preliminary approval of a…

By – Ahmed Boughalleb
America March 3, 2026
Backlash Builds As OpenAI Signs US Military Deal, Fueling ‘Cancel ChatGPT’ Movement

OpenAI is facing mounting criticism after confirming a partnership with the U.S. Department of War, a move that has triggered…

By – Tyler Brooks
America February 11, 2026
Nancy Guthrie Investigation Continues as Person of Interest Released and Home Searched in Rio Rico

Authorities in Arizona are intensifying their search for Nancy Guthrie, 84, the mother of “Today” co-host Savannah Guthrie, who has…

By – Ahmed Boughalleb
America February 10, 2026
What is Aegosexuality?

As conversations around sexuality continue to expand, so does the language we use to describe it. Sexuality terms are gaining…

By – Jackie Allen
America February 8, 2026
Donald Trump Responds as Iranian Protesters Gain Ground in Unprecedented Nationwide Uprising

Iran’s Supreme Leader Ali Khamenei is openly blaming Donald Trump as nationwide protests continue to expand and intensify. And Donald…

By – Jackie Allen
America February 8, 2026
Savannah Guthrie’s Mom Missing in Arizona: Search Intensifies as FBI Joins Investigation

The desperate search for Savannah Guthrie’s mom continues in Arizona, with authorities entering the fourth day of a widening investigation…

By – Jackie Allen
America February 8, 2026
Flaming Star Nebula: A Runaway Star Sets the Cosmos Aglow

Astrophotographer Greg Meyer has unveiled a breathtaking portrait of the Flaming Star Nebula, where the brilliant blue star AE Aurigae…

By – Jackie Allen
America February 5, 2026
Linked to China: Google Engineer Linwei Ding Convicted in Landmark AI Espionage Case

A federal jury has convicted former Google software engineer Linwei Ding of stealing a trove of the company’s most sensitive…

By – Jackie Allen
America March 3, 2026
McDonald’s CEO Taste-Test Video Sparks Online Buzz As ‘Big Arch’ Burger Launch Draws Mixed Reactions

A promotional video featuring Chris Kempczinski, the chief executive of McDonald’s Corp., has gone viral after social media users mocked…

By – Tyler Brooks
America March 3, 2026
Comcast Files $54M Claim, Says Dish Cannot Use Force Majeure To Escape Network Deal

Comcast Corp. has expanded its legal battle against DISH Wireless L.L.C. and parent company EchoStar Corp., alleging that the defendants…

By – Tyler Brooks
America March 3, 2026
J&J Talc Subsidiary Revives Trade Libel Claim Over Scientific Article

A bankrupt subsidiary linked to Johnson & Johnson has succeeded in reopening a trade libel lawsuit targeting a 2020 scientific…

By – Ahmed Boughalleb
America March 3, 2026
Cable Trade Group Challenges Copyright Office Rule Over Retransmission Royalty Calculations

The cable industry’s leading lobbying organization has filed suit in federal court in Washington, D.C., accusing the U.S. Copyright Office…

By – Tyler Brooks
America March 3, 2026
Backlash Builds As OpenAI Signs US Military Deal, Fueling ‘Cancel ChatGPT’ Movement

OpenAI is facing mounting criticism after confirming a partnership with the U.S. Department of War, a move that has triggered…

By – Tyler Brooks
America March 3, 2026
Florida Court Asked To Enforce $5M London Arbitration Award In Fintech Loan Dispute

A Finstar Financial Group affiliate is seeking to enforce a multimillion-dollar London arbitration award in federal court in Florida, targeting…

By – Ahmed Boughalleb
America February 8, 2026
Mike Tyson Urges Americans to ‘Eat Real Food’ in Emotional Super Bowl Ad Highlighting Health Risks

Boxing legend Mike Tyson is using his platform ahead of Super Bowl 60 to address a personal and national health…

By – Tyler Brooks
America February 7, 2026
Deadly “Death Cap” Mushrooms in California Cause Multiple Deaths and Liver Transplants Amid Rare Super Bloom

California health officials are warning the public after four deaths and three liver transplants linked to the highly toxic death…

By – Ahmed Boughalleb
America February 7, 2026
From Migraines to Miracles: How Becca Valle Survived a Glioblastoma Diagnosis Against the Odds

Becca Valle, 41, thought her headaches were just migraines—until a sudden, unbearable pain revealed something far more serious. In September…

By – Tyler Brooks
America February 7, 2026
New York Approves Medical Aid in Dying for Terminally Ill Patients

New York Governor Kathy Hochul on Friday signed a law allowing terminally ill residents with less than six months to…

By – Tyler Brooks
America February 6, 2026
California Jury Awards $25 Million to Man Who Developed Lung Disease Linked to PAM Butter-Flavored Cooking Spray

A California civil jury has awarded $25 million to Ronald Esparza after finding Conagra Brands liable for causing his debilitating…

By – Tyler Brooks
America February 6, 2026
Medtronic Antitrust Lawsuit Update: Jury Weighs $381M Claim in Applied Medical Device Dispute

The legal fight between Medtronic and Applied Medical has entered a critical phase, with jurors now weighing whether the medical…

By – Ahmed Boughalleb
America February 10, 2026
What is Aegosexuality?

As conversations around sexuality continue to expand, so does the language we use to describe it. Sexuality terms are gaining…

By – Jackie Allen
America February 9, 2026
Bad Bunny’s Super Bowl Halftime Show Breaks Language Barriers and Ignites Cultural, Political Debate

Bad Bunny’s headlining performance at the Super Bowl 60 halftime show is drawing national attention, with fans and critics debating…

By – Tyler Brooks
America February 8, 2026
Donald Trump Responds as Iranian Protesters Gain Ground in Unprecedented Nationwide Uprising

Iran’s Supreme Leader Ali Khamenei is openly blaming Donald Trump as nationwide protests continue to expand and intensify. And Donald…

By – Jackie Allen
America February 8, 2026
Savannah Guthrie’s Mom Missing in Arizona: Search Intensifies as FBI Joins Investigation

The desperate search for Savannah Guthrie’s mom continues in Arizona, with authorities entering the fourth day of a widening investigation…

By – Jackie Allen
America February 8, 2026
Flaming Star Nebula: A Runaway Star Sets the Cosmos Aglow

Astrophotographer Greg Meyer has unveiled a breathtaking portrait of the Flaming Star Nebula, where the brilliant blue star AE Aurigae…

By – Jackie Allen
America February 8, 2026
Terrance Gore, Former MLB Star and Three-Time World Series Champion, Passes Away at 34

Terrance Gore, a former Major League Baseball outfielder celebrated for his blazing speed and clutch base running, has died at…

By – Tyler Brooks

No posts found.

No posts found.

No comments No comments yet. Be the first to comment!

Signup for the USA Herald
exclusive Newsletter