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The Latest Breaking News from Elon Musk

China lockdown worries hit stocks; Uber and Twitter shares fall; Wizz Air to cut more flights – as it happened

Shares hit as China try to quell resurgent Covid-19 outbreaks, while shares in Twitter drop after Musk tries to cancel takeover, and Uber is hit by leak

The Guardian - UK

Legal Experts Say Elon Musk Could Be Forced To Take Over Twitter Shit’s About To Get Messy

Elon Musk could be forced by a US court to take over Twitter even though he pulled out of the $44 billion deal on Friday.

Pedestrian.tv

Experts react to collapse of Elon Musk's Twitter deal with optimism for users

TWITTER users will “benefit” from Elon Musk’s move to pull out of the deal to buy the company, experts say.

The National (Scotland)

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Twitter hires top legal firm ahead of court battle with Musk

Senior counsel on app’s new firm is the former Chancellor of the Delaware Chancery Court, where the legal battle will play out

The Independent UK

Twitter assembles legal team to sue Musk over dropped takeover

Twitter Inc. has hired merger law heavyweight Wachtell, Lipton, Rosen & Katz LLP as it races to sue Elon Musk for moving to dump his $44 billion takeover of the company, according to people familiar with the matter.

Tribune News Service

Musk told fellow tech giants he was upset at number of Twitter bots after backing out of $44bn deal, report says

Tesla CEO reportedly told Sun Valley Conference ‘Nobody believes Twitter’s claim’

The Independent UK

Trump calls Musk a "bulls**t artist"

Trump's comment towards Musk was made at an event in Anchorage, Alaska on Saturday night

Salon

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Trump slams Elon Musk as "another b------t artist" at Alaska rally

"He’s got himself a mess,"Trump said of Musk's deal to buy Twitter.

Axios

Can Elon Musk really walk away from $44bn Twitter takeover?

World’s richest man is arguing that Twitter has more spam accounts than it claims, lowering its value

The Guardian - UK

Elon Musk may have to complete $44bn Twitter takeover, legal experts say

Tesla chief wants to terminate deal but he could be compelled to go through with it or pay a break fee

The Guardian - UK

Trump drops a rare F-bomb at Alaska rally prompting chants of ‘USA! USA!’

Former president gave a rambling speech on stage in Anchorage on Saturday night where he ranted about Elon Musk, refused to say the word ‘vaccine’ and butchered Ketanji Brown Jackson’s name

The Independent UK

Trump calls Elon Musk ‘another bulls*** artist’ for cancelling Twitter deal and not voting for him

Tesla boss has also praised Florida governor Ron DeSantis

The Independent UK

Musk effort to kill deal leaves Twitter with only bad options

Elon Musk’s effort to dump his agreement to buy Twitter Inc. leaves the social media service worse off, no matter the outcome.

Tribune News Service

Elon Musk Teases New EV Concept, Rivian Gets Going, Nio Powers Up, Faraday Future Continues Dream Run And More: Week's Top News From EV Industry

Electric vehicle stocks advanced in the week ending July 8, thanks to positive broader market sentiment and some encouraging company-specific news. Market leader Tesla, Inc. (NASDAQ: TSLA) closed above the $750 level and Rivian Automotive, Inc.

Benzinga

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InsideEVs

Elon Musk No Longer Wants To Buy Twitter, Will Be Sued To Take The Deal

Many are pointing at Musk for not having done due diligence before agreeing to the deal, but he argues Twitter didn’t provide fake account data quickly enough.

The Independent UK

Elon Musk’s relationship history: From Amber Heard to secret twins with Neuralink executive

The Tesla CEO is a father to nine children with three different women including ex-wife Justin Wilson, singer Grimes, and Neuralink executive Shivon Zilis

The Independent UK

Elon Musk, who secretly fathered twins last year, congratulates Nick Cannon on growing his family

The Tesla CEO secretly fathered twins with a high-ranking executive in November, weeks before the birth of his second child with partner Grimes

Benzinga

Walking Away From Twitter Deal May Not Be An Option For Musk: Merger Expert On What's Next

Elon Musk disclosed last Friday after market close that he was terminating his agreement to acquire social media platform Twitter Inc (NYSE: TWTR).

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Evening Standard

Twitter to sue Elon Musk after he cancels $44bn takeover deal

The billionaire’s lawyers claim that Twitter ignored his requests for information about spam accounts

Asharq Al-Awsat

Musk and Twitter: From Volatile Courtship to Messy Divorce

Elon Musk's pursuit of Twitter was a melodrama from beginning to end -- a volatile courtship between a mercurial billionaire and the massively influential social media platform. That relationship -- an obvious love-hate affair from Musk's side -- now seems set to end in an acrimonious divorce, AFP said. -…

Dynamite News

Twitter to sue Musk over termination of company's takeover bid

Twitter will file a lawsuit against American billionaire and entrepreneur Elon Musk to force him to buy the social media company on the agreed terms, Bret Taylor, Twitter's board chair, said on Saturday. Read further on Dynamite News:

The Guardian - US

Musk’s withdrawal from Twitter deal sets stage for long court battle

Analysis: billionaire could be fined $1bn for walking away – as well as new lawsuits and even a threat to his job, experts say

Bangkok Post

Elon Musk backs out of Twitter deal

Tesla founder Elon Musk, the world’s richest person, said on Friday he was terminating his US$44-billion deal to buy Twitter because the social media company had breached multiple provisions of the merger agreement.

The Hindu

Morning Digest | Elon Musk says he’s terminating $44bn Twitter deal; Former Japanese PM Shinzo Abe assassinated, and more

A select list of stories to read before you start your day

Tribune News Service

Musk backs out of $44 billion Twitter deal over bot accounts

Elon Musk is trying to end an agreement to buy Twitter Inc. for $44 billion and take it private, alleging that the company misrepresented user data and setting the stage for an arduous court brawl.

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