Verdict

A jury has rejected Elon Musk’s claims against OpenAI and CEO Sam Altman, ruling they were not liable for breach of charitable trust and unjust enrichment. The verdict, based on the statute of limitations, significantly favors Altman and OpenAI in a high-profile legal battle. The decision impacts both Musk’s and Altman’s ventures as they prepare for major market debuts.

A California jury has found Elon Musk liable for defrauding Twitter shareholders during his $44 billion acquisition. The verdict, in *Pampena v. Musk*, stems from Musk’s public statements casting doubt on Twitter’s user metrics, which allegedly caused stock prices to plummet. Plaintiffs’ attorneys stated damages could reach $2.6 billion. While the jury found Musk’s statements materially false, they did not find evidence of a specific fraud scheme. Musk’s legal team plans to appeal.

A Miami judge upheld a $243 million verdict against Tesla following a fatal 2019 Autopilot crash. The ruling denies Tesla’s bid to overturn the jury’s decision, which found the company partially liable for the deaths and injuries caused when a Model S using Enhanced Autopilot accelerated into an intersection. This setback occurs as Tesla pushes into the competitive autonomous vehicle market, facing challenges in establishing its robotaxi services.