this post was submitted on 22 Nov 2023
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596
Judge finds evidence that Tesla, Musk knew about Autopilot defect (www.reuters.com)
submitted 11 months ago by [email protected] to c/[email protected]
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A Florida judge found "reasonable evidence" that Tesla Chief Executive Elon Musk and other managers knew the automaker's vehicles had a defective Autopilot system but still allowed the cars to be driven unsafely, according to a ruling.

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[–] [email protected] 6 points 11 months ago (1 children)

No he didn't. The 1 billion fine was not a "get out of the contract" option.

[–] [email protected] 4 points 11 months ago (1 children)

https://techcrunch.com/2022/04/26/elon-musks-twitter-deal-includes-a-1-billion-termination-fee-on-both-sides/

There is an excerpt of the agreement in there. Seems pretty clear to me, but I'm open to hear your interpretation.

[–] [email protected] 1 points 11 months ago* (last edited 11 months ago)

The 1 billion termination fee only applied in very specific circumstances. He couldn't just choose to pay it because he didn't want to go ahead with the purchase.

https://www.cnbc.com/2022/05/13/elon-musk-cant-just-walk-away-from-twitter-deal-by-paying-1-billion.html

Edit: Well, to be clear he actually he could decide to pay 1 billion and walk away but he would be opening himself up to a multi-billion dollar lawsuit from Twitter for breaking the contract.