The firm said it was hired in August to provide expert economic testimony to rebut the witness Musk was expected to put on the stand.
Since taking over Twitter, the billionaire has been slashing costs. He’s fired half the staff and held back rent on the company’s San Francisco headquarters and other offices around the world.
Those measures come as Musk is facing his first payment on the $12.5 billion in debt he took on to acquire Twitter. Where the invoices from a firm hired by Twitter’s former management to oppose him in court rank in terms of Musk’s financial priorities isn’t clear.in December for failing to pay private-jet bills for flights taken by former executives before Musk closed his acquisition.The suit also comes as Musk is facing a
over his August 2018 tweet in which he said he had secured funding to take Tesla Inc. private — a group of shareholders claims his announcement rattled markets and led to investors losing millions of dollars.
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