Francisco photograph

Francisco

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Gender Male
Death49 years ago
Date of birth May 13,1991
Zodiac sign Taurus
Born Ferrol
Spain
Height 174 (cm)
Weight 70 (kg)
Position Forward
Teams coached SD Huesca
Girona FC
Elche CF
Managed team Elche CF
DiedMadrid
Spain
Date of died November 20,1975
Grandchildren Francis Franco
Carmen Martinez-Bordiu
Party Falange Espanola Tradicionalista y de las Juntas de Ofensiva Nacional Sindicalista
BuriedCementerio Municipal El Pardo (SFM), Spain
NationalitySpanish
Date of Reg.
Date of Upd.
ID1165105
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Francisco Life story


Francisco Franco Bahamonde was a Spanish military general who led the Nationalist forces in overthrowing the Second Spanish Republic during the Spanish Civil War and thereafter ruled over Spain from 1939 to 1975 as a dictator, assuming the title Caudillo.

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Elon Musk begins trial over Tesla tweet that cost him $20m

Feb 16,2020 2:41 am

By Nadine Yousif & James ClaytonBBC News, Toronto

A trial into a tweet by Elon Musk alleging that he would take Tesla private in a $72bn (£58. 7bn) buyout is set to begin on Tuesday.

Mr Musk is being sued by Tesla shareholders, who say that he manipulated the share price of The Company .

In 2018, he tweeted that he had " funding secured" to take the carmaker private.

However the funding was not secured - and Tesla was not taken private.

Shareholders argued that they lost billions of dollars due to the tweet after the share price plummeted.

The Tesla CEO, however, argued that he believed he had secured funding from Saudi Arabia 's Investment Fund, and did not commit securities fraud.

If a San Francisco jury rules in the shareholder's favour, Mr Musk may be ordered to pay billions of dollars in damages.

He has already paid $20m to the Securities Exchange Commission (SEC) for the 7 August 2018 tweet, while Tesla had to pay another $20m.

The SEC also removed Mr Musk as chairman of Tesla as a result of the tweet.

The Bbc is not responsible for the content of external sites.

His tweet has become legendary in Silicon Valley , as it showed The Sheer power that 140 Characters on Twitter can have.

Legal experts said they believe it will be a difficult case for Mr Musk to win, and that the fine he paid to the SEC will be used against him in the case. However jury trials in cases of fraud are notoriously difficult to predict.

Mr Musk had wanted The Trial to be moved to Texas, arguing a fair jury would not be possible to find in San Francisco .

He argued that mass sackings at Twitter, a company he bought Last Year , affected many employees in San Francisco - and that he is not popular in The City .

Mr Musk's team had argued that a significant majority of potential jurors said they viewed The Billionaire negatively.

However, The Judge said The Trial would go ahead in California.

The Trial may see Mr Musk give evidence under oath. The Witness list also includes Oracle's CEO Larry Ellison and media tycoon James Murdoch .



Source of news: bbc.com

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