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Elon Musk May be Sued For ‘paedo’ Remark, Tesla Tweet

On August 7, Musk tweeted about taking Tesla private, sparking stock volatility due to questions about funding for his proposal

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Musk faces lawsuits for 'paedo' remark, Tesla tweet. (Wikimedia Commons)
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There are egal problems galore for Elon Musk as a cave diver who the tech billionaire baselessly called a ‘paedo guy’ is not the only one who has threatened to sue him. A short-seller is also suing Musk for his August 7 “misleading” tweet about taking Tesla private, the media reported.

The cave diver, Vernon Unsworth, 63, said he would sue the Tesla boss for defamation in three countries – Thailand, Britain and the US, The Evening Standard reported on Thursday.

Unsworth, who lives with his girlfriend in Chiang Rai, Thailand, helped rescue 12 children and their football coach who got trapped in a cave.

But he attracted Musk’s ire when he said that the tech billionaire’s mini-submarine theory for rescuing the boys had “absolutely no chance of working.”

In a tweet in July, Musk had called Unsworth a “paedo”.

After facing widespread backlash, Musk, who had unsuccessfully attempted to assist the rescue mission, eventually apologised to Unsworth.

Elon Musk
Elon Musk. (VOA)

But in an email to a journalist, Musk launched a fresh tirade against Unsworth, without providing any document to support his allegations, the Guardian reported on Wednesday.

Musk called Unsworth a “single white guy from England who’s been travelling to or living in Thailand for 30 to 40 years”, alleging that he had moved to Chiang Rai “for a child bride who was about 12 years old at the time”.

He asserted that the city was “renowned for child sex-trafficking”.

Unsowrth’s girlfriend, Woranan Ratrawiphukkun, 40, hit back at Musk’s comments saying that she was “no child bride”, adding that she had met Unsworth seven years ago when she was at least 32, according to The Evening Standard report.

But Unsowrth is not the only one who wants to sue Musk.

Activist short seller Andrew Left is suing Tesla and its CEO for violating federal securities laws, CNBC reported on Thursday.

According to his lawsuit, Musk manipulated the price of Tesla shares by issuing materially false and misleading information.

Elon Musk
In a tweet in July, Musk had called Unsworth a “paedo”. (Wikimedia Commons)

On August 7, Musk tweeted about taking Tesla private, sparking stock volatility due to questions about funding for his proposal.

But in a blog post on August 24, Musk said that that the company would remain publicly traded. He said that existing shareholders had resisted to his plan to take it private.

One of Left’s law firms, Labaton Sucharow, announced the lawsuit in a press release on Thursday, the report said.

Also Read- Facebook Announces its First Data Centre in Singapore

“This appears to be a textbook case of fraud,” Labaton Sucharow partner Michael Canty was quoted as saying in the release.

“We believe Musk attempted to manipulate the price of Tesla securities with false and misleading tweets, in a directed effort to harm short-sellers.” (IANS)

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SpaceX Names Yusaku Maezawa As Their First Private Passenger

SpaceX in February transfixed a global audience with the successful test launch of its Falcon Heavy, the most powerful operational rocket in the world.

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Yusaku Maezawa, the chief executive of Zozo, which operates Japan's popular fashion shopping site Zozotown and is officially called Start Today Co, speaks at an event launching the debut of its formal apparel items, in Tokyo, Japan. VOA

SpaceX, Elon Musk’s space transportation company, on Monday named its first private passenger as Japanese businessman Yusaku Maezawa, the founder and chief executive of online fashion retailer Zozo.

A former drummer in a punk band, billionaire Maezawa will take a trip around the moon planned for 2023 aboard its forthcoming Big Falcon Rocket spaceship, taking the race to commercialize space travel to new heights.

The first person to travel to the moon since the United States’ Apollo missions ended in 1972, Maezawa’s identity was revealed at an event on Monday evening at the company’s headquarters and rocket factory in the Los Angeles suburb of Hawthorne.

 

Elon Musk, spacex
Elon Musk. IANS

 

Maezawa, who is most famous outside Japan for his record-breaking $110 million purchase of an untitled 1982 Jean-Michel Basquiat painting, said he would invite six to eight artists to join him on the lunar orbit mission.

The billionaire chief executive of electric car maker Tesla, Musk revealed more details of the Big Falcon Rocket, or BFR, the super heavy-lift launch vehicle that he promises will shuttle passengers to the moon and eventually fly humans and cargo to Mars. The BFR could be conducting its first orbital flights in about two to three years, he said.

Musk had previously said he wanted the rocket to be ready for an unpiloted trip to Mars in 2022, with a crewed flight in 2024, though his ambitious production targets have been known to slip.

“Its not 100 percent certain we can bring this to flight,” Musk said of the lunar mission.

SpaceX
SpaceX’s BFR launch vehicle is seen in this handout image provided. VOA

The amount Maezawa is paying for the trip was not disclosed, however, Musk said the businessman outlaid a significant deposit and will have a material impact on the cost of developing the BFR.

The 42-year-old Maezawa is one of Japan’s most colorful executives and is a regular fixture in the country’s gossipy weeklies with his collection of foreign and Japanese art, fast cars and celebrity girlfriend.

Maezawa made his fortune by founding the wildly popular shopping site Zozotown. His company Zozo, officially called Start Today Co Ltd, also offers a made-to-measure service using a polka dot bodysuit, the Zozosuit.

With SpaceX, Amazon.com founder Jeff Bezos’ Blue Origin and entrepreneur Richard Branson’s Virgin Galactic battling it out to launch private-sector spacecraft, Maezawa will join a growing list of celebrities and the ultra-rich who have secured seats on flights offered on the under-development vessels.

SpaceX
A SpaceX Falcon Heavy rocket lifts off from historic launch pad 39-A at the Kennedy Space Center in Cape Canaveral, Florida. VOA

 

Those who have signed up to fly on Virgin Galactic sub-orbital missions include actor Leonardo DiCaprio and pop star Justin Bieber. A 90-minute flight costs $250,000.

Short sightseeing trips to space aboard Blue Origin’s New Shepard rocket are likely to cost around $200,000 to $300,000, at least to start, Reuters reported in July.

SpaceX has already upended the space industry with its relatively low-cost reusable Falcon 9 rockets. The company has completed more than 50 successful Falcon launches and snagged billions of dollars’ worth of contracts, including deals with NASA and the U.S. Department of Defense.

Also Read: Why Elon Musk has Suddenly Gone Ballistic On Twitter

SpaceX in February transfixed a global audience with the successful test launch of its Falcon Heavy, the most powerful operational rocket in the world. (VOA)