What Elon Musk’s Court Testimony Means for Twitter and Tesla

WSJ What’s News

The Wall Street Journal

News, Daily News

4.1 • 4.2K Ratings

🗓️ 25 January 2023

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

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Summary

P.M. Edition for Jan. 25. Elon Musk testified in civil court in San Francisco over three days as part of a lawsuit filed by investors who say they lost money due to his 2018 tweets about having secured funding to take Tesla private. Autos and technology reporter Rebecca Elliott joins host Annmarie Fertoli to talk about the trial, Tesla's record-breaking profits and what Musk's ownership of Twitter means for the direction of the trial and for Tesla. Learn more about your ad choices. Visit megaphone.fm/adchoices

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0:00.0	Busy making budget plans for the business year ahead, we've got you covered.
0:05.6	Switch to three business and choose from the latest handsets with unlimited data in our winter sale.
0:10.6	Woohoo!
0:11.6	Plus, our business price promise means if you find a cheaper deal from one of our biggest competitors, we guarantee you to beat it.
0:18.2	Search three business or visit us in store.
0:21.2	Business price promise means we'll beat it directly.
0:24.4	Quite you've been given my e-vote for No.02 for business plans by at least £1 per month.
0:28.2	Terms apply, search three business price promise.
0:33.4	Tesla reports strong earnings, but some investors are uneasy about the state of the business.
0:39.2	What we now have is a company that really, in many ways, is heading into a period of economic uncertainty on relatively strong footing,
0:50.2	but it doesn't look as invincible as it did a year or two ago.
0:57.2	And the US and its allies reach a deal on sending tanks to Ukraine, but it could take a while to get them there.
1:03.8	Plus, some teachers call it cheat GPT, why others are embracing it.
1:08.6	It's Wednesday, January 25th.
1:10.4	I'm Ann Marie for Tolly for the Wall Street Journal.
1:12.8	This is the PM edition of What's News, the top headlines and business stories that moved the world today.
1:23.8	The US formally announced its sending 31 Abrams tanks to Ukraine.
1:28.8	Our DC audio reporter, Daniel Achezlo, says the announcement ends days of intense diplomacy between the US and Germany.
1:35.4	President Biden said from the White House today that the US tanks will help Ukrainians defend their territory
1:41.0	and prepare for additional counteroffences.
1:43.8	The United States has worked in lockstep with our allies and partners around the world to make sure that Ukrainian people are in the strongest possible position to defend their nation, their families, and against the truly brutal aggression of Russia.
1:59.2	Germany's Chancellor Olaf Schultz had said he would send tanks to Ukraine only if the US pledged its tanks first.
	...

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