• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Stock

Elon Musk says $1 million election giveaway wasn’t an illegal lottery

by January 27, 2025
written by January 27, 2025

By Jonathan Stempel

(Reuters) – Elon Musk asked a federal judge to dismiss a proposed class action by voters who said the world’s richest person defrauded them into signing a petition to support the U.S. Constitution for a chance to win his $1 million-a-day giveaway.

In a late Friday filing in the Austin, Texas federal court, Musk rejected the claim the giveaway was an illegal “lottery” that violated a Texas law against deceptive trade practices.

Arizona resident Jacqueline McAferty claimed that Musk and his political action committee America PAC falsely induced voters in seven battleground states to sign the petition by promising that winners would be chosen randomly.

Musk founded America PAC to support Republican Donald Trump’s successful 2024 presidential run.

According to Musk, however, voters were told they would be reviewed for an opportunity to earn the $1 million by becoming America PAC spokespeople.

This, Musk said, defeated any notion that the money was a “prize” to be won.

“Make no mistake: an eligible voter’s opportunity to earn is not the same thing as a chance to win,” Musk said.

Chance, he added, “was not involved here.”

Musk also rejected the suggestion that petition signers suffered harm by providing their names, addresses and phone numbers, which they said Musk and America PAC could then sell.

Lawyers for the proposed class did not immediately respond to requests for comment on Sunday.

The lawsuit was filed on Election Day, Nov. 5, 2024.

A day earlier, a Philadelphia judge refused to end Musk’s giveaway, saying that city’s top prosecutor also failed to show it was an illegal lottery.

McAferty’s lawsuit seeks at least $5 million in damages for everyone who signed the petition.

Musk is a Texas resident and his electric car company Tesla (NASDAQ:TSLA) is based in Austin.

The case is McAferty v Musk et al, U.S. District Court, Western District of Texas, No. 24-01346.

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
Diversified Energy near $1.3 bln deal for Maverick Natural Resources- WSJ
next post
UK employers target wage bill to offset tax hikes as gloom persists

You may also like

BASF results down on impairments, restructuring

January 27, 2025

European chipmakers slump as traders gauge DeepSeek AI...

January 27, 2025

Nasdaq futures tumble as China’s AI push rattles...

January 27, 2025

China Vanke’s CEO, chairman resign amid growing liquidity...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

Italy’s MPS shares fall ahead of Mediobanca board...

January 27, 2025

British Land stock drops following stake sale

January 27, 2025

UMG shares rally after new multi-year pact with...

January 27, 2025

BASF shares indicated 3% lower as impairments drag...

January 27, 2025

Ryanair cuts 2026 traffic forecast amid ongoing Boeing...

January 27, 2025
Fill Out & Get More Relevant News








    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout, pulls outlook

      May 8, 2025
    • UnitedHealthcare sued by shareholders over reaction to CEO’s killing

      May 8, 2025
    • AMD CEO calls China a ‘large opportunity’ and warns against strict U.S. chip controls

      May 7, 2025
    • NBA star Russell Westbrook launches AI-enabled funeral planning startup

      May 7, 2025

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (449)
    • Stock (6,426)

    Latest News

    • Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout, pulls outlook
    • UnitedHealthcare sued by shareholders over reaction to CEO’s killing

    Popular News

    • US stock futures fall as Trump tariff threat spooks investors
    • China Dec factory activity expands at slower pace as trade risks rise

    About The Significant deals

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy