Close Menu
New York Daily News Online
    Facebook X (Twitter) Instagram Pinterest YouTube
    Facebook X (Twitter) Instagram YouTube TikTok
    New York Daily News OnlineNew York Daily News Online
    • Home
    • US News
    • Politics
    • Business
    • Technology
    • Science
    • Books
    • Film
    • Music
    • Television
    • LifeStyle
    • Contact
      • About
      • Amazon Disclaimer
      • DMCA / Copyrights Disclaimer
      • Privacy Policy
      • Terms and Conditions
    New York Daily News Online
    Home»US News

    Judge who held Tesla stock recuses himself in Elon Musk’s X case

    AdminBy AdminAugust 14, 2024Updated:August 14, 2024 US News
    Facebook Twitter Pinterest LinkedIn Tumblr Email Reddit
    Judge who held Tesla stock recuses himself in Elon Musk’s X case

    Jaque Silva | SOPA Images | Lightrocket | Getty Images

    The judge overseeing X’s lawsuit against advertisers has recused himself following a news report that showed he owned shares of Tesla.

    In a recusal notice dated Aug. 13, U.S. District Judge Reed O’Connor in Texas backed out of X’s case against the World Federation of Advertisers, which was filed last week. The judge didn’t say why he was removing himself from the suit.

    X, formerly known as Twitter, is owned by Elon Musk, who is also the CEO and largest shareholder in Tesla. On Monday, NPR reported that O’Connor had owned shares of Tesla in 2022, the date of his last available disclosure, posing a potential conflict of interest.

    Calls for comment to the court’s clerk weren’t immediately returned.

    In X’s lawsuit, the company accused a number of advertisers of engaging in antitrust behavior when they stopped ad campaigns on the site. Companies named include Unilever, Mars, CVS Healthcare and Orsted in Europe.

    In response to the suit, the WFA said it was suspending the operations of its Global Alliance for Responsible Media nonprofit initiative.

    The new judge assigned to the case, Judge Ed Kinkeade, issued an order on Tuesday that said either party would need to justify each request to the court to keep files submitted under seal and out of the public view.

    O’Connor is a former aide to U.S. Sen. John Cornyn, R-Texas, and a former federal prosecutor in North Texas. For now, he remains the judge in another lawsuit filed by X against Media Matters for America, filed in November after the progressive watchdog published a report about Nazi content running on the app next to ads from companies.

    WATCH: Tesla faces tough competition in China and slow EV adoption in the U.S.

    Tesla faces tough competition in China and slow EV adoption in the U.S., investment advisory firm says

    Read the original article here

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Reddit

    you might also be interested in...

    Rare earth magnet makers relish a moment in the sun

    AI infrastructure stocks Lumentum, Celestica, Seagate beat Nvidia 2025

    DOJ says one million new documents found

    Nvidia buying AI chip startup Groq for about $20 billion, biggest deal

    Amazon faces a dilemma — fight AI shopping agents, or join them

    Waymo updating fleet after San Francisco blackout to improve navigation

    Popular Posts

    Here are the five big takeaways from Wednesday’s Fed rate decision

    Listen to Queen’s previously-unheard Christmas song ‘Not For Sale (Polar Bear)’

    How to watch, full streaming schedule and more

    Check your physics knowledge with our bumper end-of-year quiz – Physics World

    Republicans force vote on ACA tax credit extension

    Spotify’s Most Popular Nonfiction Audiobooks of the Year

    Categories
    • Books (1,761)
    • Business (2,451)
    • Cover Story (10)
    • Events (48)
    • Film (1,207)
    • LifeStyle (2,117)
    • Music (2,090)
    • Politics (1,619)
    • Science (2,055)
    • Technology (1,999)
    • Television (2,126)
    • Uncategorized (33)
    • US News (2,297)
    Archives
    Useful Links
    • Contact
    • About
    • Amazon Disclaimer
    • DMCA / Copyrights Disclaimer
    • Privacy Policy
    • Terms and Conditions
    Facebook X (Twitter) Instagram YouTube TikTok
    © 2025 New York Daily News Online. All rights reserved. All articles, images, product names, logos, and brands are property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Terms of Use and Privacy Policy.

    Type above and press Enter to search. Press Esc to cancel.