In re Tesla Inc. Securities Litigation

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA 6 IN RE TESLA INC. SECURITIES Case No. 18-cv-04865-EMC

LITIGATION

ORDER DENYING DEFENDANTS’

MOTION TO TRANSFER VENUE OR

CONTINUE TRIAL, AND GRANTING

DEFENDANTS’ ADMINISTRATIVE

MOTION TO SEAL Docket Nos. 537, 561

12 13 I. INTRODUCTION Plaintiff Glen Littleton filed a securities class action against Defendants Tesla, Inc.; Elon Musk (Tesla’s CEO and former Chairman); and Tesla’s Board of Directors based on two tweets made by Mr. Musk in August 2018 about taking Tesla from a public to a private company. After almost four and a half years of litigation, the case is now in trial. Eleven days before the jury was set to be selected—but four days before receiving the juror questionnaire responses—Defendants moved to transfer venue or to continue the trial under the theory that local media outlets had released so many biased and…