Skip to main content
Tags: davos | elon musk | tesla tweet trial

Davos: Musk Wasn't Invited Despite What He Says

Davos: Musk Wasn't Invited Despite What He Says
Tesla CEO and billionaire serial entrepreneur Elon Musk (AP)

Tuesday, 17 January 2023 02:42 PM EST

The World Economic Forum says billionaire Elon Musk wasn't on the guest list for the annual meeting of business executives, global leaders and cultural trend-setters in Davos, Switzerland — despite what the Twitter owner claims.

Notables from European Union chief Ursula von der Leyen to actor Idris Elba are gathering in the ritzy Alpine town this week to talk about global issues ranging from war to climate change and technology's effects on security.

Musk wasn't there, though he says he was invited. Forum spokesman Yann Zopf knocked that down Tuesday, saying the last time the Tesla CEO got an invitation was “not this year and not recently — last time in 2015.”

Musk said in a tweet Dec. 22: “My reason for declining the Davos invitation was not because I thought they were engaged in diabolical scheming, but because it sounded boring af lol."

He didn’t specify when he got the invitation, but the tweet's timing suggested it was for this year. Musk did not immediately respond to requests from The Associated Press for comment Tuesday.

Organizers did extend invitations to Musk, as the boss of Tesla, to join a few times in the 2010s — the last being in 2015 — but he never registered or attended the annual meeting, Zopf said.

The gathering has been criticized for a lack of concrete action that emerges after a series of sessions and speeches, while the forum itself has been the target of online conspiracy theories from those who believe the meeting involves a group of elites manipulating global events for their own benefit.

Multibillionaire Musk, one of the world’s richest people, can certainly afford to attend Davos.

Forum members pay between 120,000 to 850,000 Swiss francs ($130,000 to $921,000) for annual memberships depending on the level of affiliation they want.

Many executives trek to Davos to ride the coattails of the meeting and hobnob with corporate executives who flock to town, at times taking potshots at the forum from the sidelines. For example, Richard Branson, the British tycoon behind Virgin, has reputedly come to town several times without attending the meeting itself.

Musk might be a bit busy to be palling around with the powerful in snowy Switzerland anyway.

While still grappling with the fallout from buying Twitter last year for $44 billion, Musk is facing trial over his tweet about taking Tesla private in 2018.

Jury selection begins this week and he'll have to explain his actions under oath in court in San Francisco after tweeting that he had lined up the financing to pay for a $72 billion buyout of the electric carmaker, which never happened. It culminated in a $40 million settlement with U.S. securities regulators that also required him to step down as the company’s chairman.

He's also planning to step down as CEO but remain owner of Twitter, which he succeeded in taking private last summer but has alienated some users and advertisers with chaotic job cuts and changes to content moderation policies.

© Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


StreetTalk
The World Economic Forum says billionaire Elon Musk wasn't on the guest list for the annual meeting of business executives, global leaders and cultural trend-setters in Davos, Switzerland - despite what the Twitter owner claims.
davos, elon musk, tesla tweet trial
494
2023-42-17
Tuesday, 17 January 2023 02:42 PM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
TOP

Interest-Based Advertising | Do not sell or share my personal information

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved
Download the NewsmaxTV App
Get the NewsmaxTV App for iOS Get the NewsmaxTV App for Android Scan QR code to get the NewsmaxTV App
NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved