Meanwhile, a preliminary hearing in a Delaware business law court is scheduled for Tuesday...
Digital Desk: Tesla chief Elon Musk reportedly requested a Delaware court on Friday to postpone the Twitter trial until next year, citing "complexities involved." While Musk has asked the court to delay the trial until February 13 of next year, Twitter wants to hold the trial in September to "not extend the time of uncertainty currently facing the firm."
Musk's lawyers have accused Twitter's board of directors of attempting to hurry the lawsuit in a court document cited by US media.
Meanwhile, a preliminary hearing in a Delaware business law court is scheduled for Tuesday.
Twitter Inc. has filed a lawsuit against Elon Musk for allegedly breaking the terms of the $44 billion agreement to purchase the social media platform, and has requested that a Delaware court order the world's richest man to complete the merger at the agreed $54.20 per Twitter share.
According to the lawsuit, "Musk strongly believes that, unlike every other party subject to Delaware contract law, he is free to change his mind, trash the firm, disrupt its operations, destroy stockholder value, and walk away."
Musk cancelled his $44 billion deal to buy Twitter Inc. and take it private last week. The CEO of Tesla claimed that the business had given "misleading claims" regarding the number of spam bots using the service. This paved the way for a drawn-out legal dispute with Twitter.
Musk stated in a letter to Twitter that the firm has not "complied with its contractual responsibilities to give information about how to analyze the prevalence of bots on the social media service."
For months, the Tesla CEO has claimed that the social media behemoth "under-reports the number of bots" contained in its user base. However, the business has repeatedly refuted the accusation, saying that "bots constitute less than 5% of the overall users."
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