To date, Tesla has invested $200,000 in advertising for Elon Musk's X.

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Tesla has spent around $200,000 advertising through February on Elon Musk’s social media platform, X, after the CEO caved to shareholder pressure last year and said his company would “try a little advertising.” Since then, Tesla ads have showed up in places like Google search results, and on YouTube.

The Sidley lawyers spent “more than 600 hours each” on the matter and were supported by “more than 40 other Sidley lawyers.” Through this process, seven board directors and five members of Tesla’s management were interviewed.

The judge made that decision in part because she believed Tesla “inaccurately described key directors [of Tesla’s board] as independent and misleadingly omitted key details about the process” of putting the package together.

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Article Details

Author / Journalist: Sean O'Kane

Category: Technology

Markets: United States

Topics: Twitter Elon Musk Tesla Transportation

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-04-17 @ 11:51:55 (1 weeks ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 847 words

Reading Time: 5 minutes read

Sentences: 22 lines

Sentence Length: 39 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 20713082

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