After being sued by Twitter, Elon Musk responded with his own countersuit in his legal fight against the social media network.
Twitter decided to sue Elon Musk and both will go to court in October to resolve the $44 billion deal. Earlier this year, Twitter accepted the Tesla CEO’s offer to buy the platform.
Although Elon Musk had promised not to back out of the deal, this was well before he realized that something was up with Twitter’s claims that its spam and fake accounts represent fewer than 5% of its users.
He placed the acquisition on hold and then later made it clear that he would back out of the deal if Twitter wouldn’t accurately portray the number of spam, fake, and bot accounts using its platform.
Twitter sued Elon Musk, and now Elon Musk is countersuing Twitter.
-->Elon Musk countersues Twitter
Reuters reported that Elon Musk countersued Twitter on Friday adding that the 164-page document was not publicly available.
The lawsuit was filed a few hours after Chancellor Kathaleen McCormick of the Delaware Court of Chancery ordered an October 17th trial.
Luigi Crispo, a Twitter shareholder with 5,500 shares in the company, also sued Elon Musk on Friday. Crispo wants the court to order Elon Musk to close the Twitter deal and to find that he breached his fiduciary duty to Twitter shareholders.
He also wants the court to award damages for losses. According to Reuters, Elon Musk owes a fiduciary duty to Twitter’s shareholders due to his 9.6% stake in Twitter. And also because the takeover agreement enables ElonMusk to veto many of Twitter’s decisions.
The Silver lining
Although there really isn’t much of a silver lining for Twitter or Elon. Lawsuits are not an ideal source of joy for many parties involved in them–at least, I wouldn’t think they are.
-->However, I feel as if the lawsuit is bringing some of the issues many people on Twitter are dealing with to the forefront. Such as shadow banning.
This happened to a few people (including Teslarati!) on Twitter. In many cases, a user will tweet but that tweet will not show up in searches.
And if they reply to a tweet or like that tweet, Twitter hides it. In my tweet below, I shared a thread filled with screenshots and video evidence of this happening to Teslarati.
🤔
— Elon Musk (@elonmusk) July 18, 2022
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Twitter has four types of bans:
- Search suggestion ban.
- Search ban.
- Ghost ban.
- Reply deboosting.
Fortunately, the ban on Teslarati is lifted, although for a while there, there was a back and forth for a couple of days after Elon had replied to my tweet.
It shouldn’t have to take a response from Elon Musk for Twitter to remove bans on real accounts. That’s not fair to Elon Musk or the users who are being silenced by Twitter.
I’ve also noticed that there have been fewer bots since the lawsuit has begun. However, I’ve noticed that there have been fewer engagements and I am not the only one noticing this.
Whether or not these are directly or indirectly caused by the ongoing legal saga, no one knows. But we are noticing.
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Yes 100%- also noticing less spam bots impersonating you.
— Zack (@BLKMDL3) July 30, 2022
One thing we can count on is for this lawsuit to reveal a lot.
I’d love to hear from you! If you have any comments, or concerns, see a typo, you can email me at johnna@teslarati.com. You can also reach me on Twitter @JohnnaCrider1
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News
Tesla Europe rolls out FSD ride-alongs in the Netherlands’ holiday campaign
The festive event series comes amid Tesla’s ongoing push for regulatory approval of FSD across Europe.
Tesla Europe has announced that its “Future Holidays” campaign will feature Full Self-Driving (Supervised) ride-along experiences in the Netherlands.
The festive event series comes amid Tesla’s ongoing push for regulatory approval of FSD across Europe.
The Holiday program was announced by Tesla Europe & Middle East in a post on X. “Come get in the spirit with us. Featuring Caraoke, FSD Supervised ride-along experiences, holiday light shows with our S3XY lineup & more,” the company wrote in its post on X.
Per the program’s official website, fun activities will include Caraoke sessions and light shows with the S3XY vehicle lineup. It appears that Optimus will also be making an appearance at the events. Tesla even noted that the humanoid robot will be in “full party spirit,” so things might indeed be quite fun.
“This season, we’re introducing you to the fun of the future. Register for our holiday events to meet our robots, see if you can spot the Bot to win prizes, and check out our selection of exclusive merchandise and limited-edition gifts. Discover Tesla activities near you and discover what makes the future so festive,” Tesla wrote on its official website.
-->This announcement aligns with Tesla’s accelerating FSD efforts in Europe, where supervised ride-alongs could help demonstrate the tech to regulators and customers. The Netherlands, with its urban traffic and progressive EV policies, could serve as an ideal and valuable testing ground for FSD.
Tesla is currently hard at work pushing for the rollout of FSD to several European countries. Tesla has received approval to operate 19 FSD test vehicles on Spain’s roads, though this number could increase as the program develops. As per the Dirección General de Tráfico (DGT), Tesla would be able to operate its FSD fleet on any national route across Spain. Recent job openings also hint at Tesla starting FSD tests in Austria. Apart from this, the company is also holding FSD demonstrations in Germany, France, and Italy.
News
Tesla sees sharp November rebound in China as Model Y demand surges
New data from the China Passenger Car Association (CPCA) shows a 9.95% year-on-year increase and a 40.98% jump month-over-month.
Tesla’s sales momentum in China strengthened in November, with wholesale volumes rising to 86,700 units, reversing a slowdown seen in October.
New data from the China Passenger Car Association (CPCA) shows a 9.95% year-on-year increase and a 40.98% jump month-over-month. This was partly driven by tightened delivery windows, targeted marketing, and buyers moving to secure vehicles before changes to national purchase tax incentives take effect.
Tesla’s November rebound coincided with a noticeable spike in Model Y interest across China. Delivery wait times extended multiple times over the month, jumping from an initial 2–5 weeks to estimated handovers in January and February 2026 for most five-seat variants. Only the six-seat Model Y L kept its 4–8 week estimated delivery timeframe.
The company amplified these delivery updates across its Chinese social media channels, urging buyers to lock in orders early to secure 2025 delivery slots and preserve eligibility for current purchase tax incentives, as noted in a CNEV Post report. Tesla also highlighted that new inventory-built Model Y units were available for customers seeking guaranteed handovers before December 31.
This combination of urgency marketing and genuine supply-demand pressure seemed to have helped boost November’s volumes, stabilizing what had been a year marked by several months of year-over-year declines.
-->For the January–November period, Tesla China recorded 754,561 wholesale units, an 8.30% decline compared to the same period last year. The company’s Shanghai Gigafactory continues to operate as both a domestic production base and a major global export hub, building the Model 3 and Model Y for markets across Asia, Europe, and the Middle East, among other territories.
Tesla bear Michael Burry got blunt with his beliefs over the company’s valuation, which he called “ridiculously overvalued” in a newsletter to subscribers this past weekend.
“Tesla’s market capitalization is ridiculously overvalued today and has been for a good long time,” Burry, who was the inspiration for the movie The Big Short, and was portrayed by Christian Bale.
Burry went on to say, “As an aside, the Elon cult was all-in on electric cars until competition showed up, then all-in on autonomous driving until competition showed up, and now is all-in on robots — until competition shows up.”
Tesla bear Michael Burry ditches bet against $TSLA, says ‘media inflated’ the situation
For a long time, Burry has been skeptical of Tesla, its stock, and its CEO, Elon Musk, even placing a $530 million bet against shares several years ago. Eventually, Burry’s short position extended to other supporters of the company, including ARK Invest.
Tesla has long drawn skepticism from investors and more traditional analysts, who believe its valuation is overblown. However, the company is not traded as a traditional stock, something that other Wall Street firms have recognized.
While many believe the company has some serious pull as an automaker, an identity that helped it reach the valuation it has, Tesla has more than transformed into a robotics, AI, and self-driving play, pulling itself into the realm of some of the most recognizable stocks in tech.
Burry’s Scion Asset Management has put its money where its mouth is against Tesla stock on several occasions, but the firm has not yielded positive results, as shares have increased in value since 2020 by over 115 percent. The firm closed in May.
In 2020, it launched its short position, but by October 2021, it had ditched that position.
Tesla has had a tumultuous year on Wall Street, dipping significantly to around the $220 mark at one point. However, it rebounded significantly in September, climbing back up to the $400 region, as it currently trades at around $430.
It closed at $430.14 on Monday.
Tesla Europe rolls out FSD ride-alongs in the Netherlands’ holiday campaign
Tesla sees sharp November rebound in China as Model Y demand surges
