Elon Musk’s attorneys contend that a class action lawsuit should be transferred from California to Texas since his Twitter purchase has generated so much “local animosity.” 

After tweeting in 2018 that he intended to take the electric car firm private for $420 per share and had financing secured, the Tesla CEO is now facing a class action lawsuit.source : wikipideaMusk paid a $20 million fine and resolved fraud charges with the SEC for making false and misleading statements just one month after the first 2018 tweet.The class action trial will be presided over by Northern California Senior District Judge Edward M. Chen, who determined that Musk made the misleading claims with knowledge and that they may have affected Tesla’s stock price last year. According to NBC News, the next trial will decide if the tweets actually affected Tesla’s share price, whether the business or its directors should be held accountable, and whether shareholders are entitled to damages.The billionaire still owes about $13 billion after finalising his $44 billion purchase of Twitter last year, much of which is secured against his remaining stake in Tesla as part of the leveraged buyout, according to The Street, making the financial futures of the two businesses extremely intertwined.Alex Spiro, Musk’s attorney, claimed in a motion submitted on Friday that a Due to recent layoffs at one of Mr. Musk’s companies, a sizable portion of the jury pool in this district is likely to have a personal and material bias against him. Individual prospective jurors u2014 or their friends and relatives u2014 may have been personally impacted. The unfavourable and inflammatory local media coverage of the events has increased, broadened, and reinforced the preexisting baseline bias.Tesla moved its corporate headquarters from Silicon Valley to Austin, Texas, in December 2021. Its headquarters are still in San Francisco, California.Musk’s attorneys noted in the filing that the negativity toward Mr. Musk was not isolated to the press and will deprive him of an impartial jury and his constitutional right to a fair trial, referring to frequent protests and picket lines in front of Musk’s offices in San Francisco, some of which, Spiro said, are endorsed and encouraged by local political figures.Spiro asked for a continuance to postpone the trial in the event that his request for a venue change was denied by the court, stating that the judge ought to give people some time to cool off after recent events and biassed local media coverage before the jury hears the case.Four days before the trial is scheduled to start, on January 13, Judge Chen is scheduled to hear the request.Requests for response from Insider were not immediately reacted to by Musk, his legal team, or Tesla reps.Share your thoughts with us in the comments.