Elon Musk was alternately depicted in a San Francisco courtroom as a liar who callously jeopardized the savings of “regular people” or a well-intentioned visionary.
A Tesla car is parked in a lot across the street from a federal courthouse in San Francisco, Wednesday, Jan. 18, 2023. Elon Musk was depicted Wednesday as either a liar who callously jeopardized the savings of"regular people" or a well-intentioned visionary as attorneys delivered opening statements at a trial focused on a Tesla buyout that never happened.
Nicholas Porritt, a lawyer representing Glen Littleton and other Tesla shareholders in the class-action case, promptly vilified Musk as he addressed jurors. “Mr. Musk tries to do things that have never been done before. Everyone knows that," Spiro told the jury. He said he sold most of his holdings to cut his losses but still saw the value of his Tesla portfolio plunge by 75%.Littleton's frustration escalated in October 2018, when he lashed out at Tesla for late deliveries on vehicles for some of his nieces and nephews. That led him to become a lead investor in the lawsuit.
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