Twitter Saga: Court Hands a Resounding Setback to Elon Musk

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The Street

By Luc Olinga Tesla’s CEO lost an important first round in his legal battle with Twitter. Twitter 1, Musk 0. In the scoring of the legal battle between Twitter (TWTR) – Get Twitter Inc. Report and Tesla (TSLA) – Get Tesla Inc. Report CEO Elon Musk, the microblogging website has just taken the lead. The social-media platform filed a lawsuit in Delaware Chancery Court after Musk — following almost three months of drama — withdrew his $44 billion acquisition offer. Twitter, which wants the courts to force Musk to keep his commitment to acquire the site, had asked for an expedited trial, set for…

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