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On September 13th, South Koreas Minister of Trade, Industry and Energy stated on Sunday that South Korea will hold further talks with the United States early this week to finalize details of Seouls proposed $350 billion investment commitment to the US. As part of the broader $350 billion investment commitment, a $200 billion strategic investment cap (including a $20 billion annual cap) has already been agreed upon and will remain unchanged. The two sides are close to reaching an agreement on many issues, but several matters remain unresolved. This weeks talks will be conducted via video conference.On September 13, Polish State Railways announced that a train bound for Warsaw was struck by a drone in Ukraine, and the extent of casualties is currently unknown.Lithuanian National Crisis Management Center: The alert regarding drones has ended.On September 13, Iranian Foreign Minister Araqchi stated in an interview that the meeting to be held in Oman on the 14th will focus on a new maritime passage through the Strait of Hormuz. Iran will present details of the agreement reached between Iran and Oman, as well as a map of the new passage, to the participating countries. Araqchi emphasized that the agreement reached between Iran and Oman does not mean the Strait of Hormuz will be reopened. The prerequisite for Iran to reopen the strait is that the United States fulfills its commitments made in the Islamabad Memorandum of Understanding.Iranian Foreign Ministry: Iranian Foreign Minister meets with Cuban Foreign Minister.

According to Investors, A Judge Decides Musk's Statements on Taking Tesla Private were Untrue

Charlie Brooks

Apr 18, 2022 09:56

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Investors in the electric vehicle company requested U.S. District Court Judge Edward Chen in a Friday filing to halt the celebrity entrepreneur's "public effort to construct a conflicting and misleading narrative about" his 2018 tweets.


Musk stated on Thursday that sufficient finance had been acquired to take Tesla private in 2018. He reached a settlement with US securities authorities over what the agency determined to be fraudulent representations, paying penalties and agreeing to have certain of his tweets approved by a lawyer before publishing.


The court docket on April 1 did not include the ruling.


These are the issues at stake in a May jury trial in which investors are seeking damages for the tweets.


Musk "has utilized his celebrity and reputation to manipulate public opinion in his favor, waging war in the press after being beaten in the trial," according to the complaint.


Musk's new statements, it argued, risk confounding prospective jurors and prejudicing a jury's determination of the amount of damages due by Musk.


Musk is attempting to have his deal with the SEC voided, claiming that the agency has been harassing him with probes.


On Saturday, Alex Spiro, a lawyer for Musk and Tesla, said that Musk was exploring taking Tesla private in 2018 and had secured finance for the endeavor. "Now, a half-decade later, all that remains are random plaintiffs' attorneys looking to make a bank and others attempting to prevent the truth from coming to light, all to the harm of free expression," he added.