Elon Musk asks court to move Tesla shareholder trial to Texas over potential juror bias
last spring when federal judge Edward Chen concluded that Musk had “recklessly made the statements with knowledge as to their falsity.” The upcoming trial will determine whether Musk’s tweet affected the automaker’s stock price and if he should be held accountable for potential damages.
“Musk’s concerns are unfounded and his motion is meritless,” Nicholas Porritt, one of the lawyers representing Tesla shareholders, told the Associated Press. “The Northern District of California is the proper venue for this lawsuit and where it has been actively litigated for over four years.” On Saturday, Judge Chen told the two sides he would hear Musk’s request on January 13th.
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