(AP) — Tesla CEO Elon Musk won a reprieve from questioning by Twitter lawyers Monday, according to several press reports. Twitter CEO Parag Agrawal, who was also scheduled to face Musk lawyers on Monday, likewise postponed his deposition, according to a person who was briefed on the matter. News of the postponements fueled a brief rally in Twitter shares, which jumped 5.4% to $43.03, apparently on hopes of a settlement in the case. Twitter shares closed Monday at $41.58, eight cents higher than they opened. The trial is set to begin October 17 in Delaware Chancery Court, where it's scheduled to last just five days.

Source: The Guardian September 26, 2022 17:05 UTC