The Financial News

Latest / Hot Issue

Politics

World

Lifestyle

The Financial News

Latest / Hot Issue

Politics

World

Lifestyle

Sunday, July 13, 2025

Is Elon Musk’s $1 Million Prize a Bribe in Disguise? Legal Battle Heats Up

Yonhap News

Tesla CEO Elon Musk can continue a daily $1 million giveaway event until election day.

According to the AP, on Monday, U.S. District Judge Angelo Foglietta in Pennsylvania ruled that Musk’s event, which offers cash to voters, could proceed through its final day despite a lawsuit seeking to halt it. The judge’s reasoning was not immediately disclosed.

Musk’s legal team argued in court that the $1 million prize winner was not selected through a random drawing.

Chris Young, director of the super PAC America PAC, also testified that potential winners underwent pre-screening to ensure their values aligned with the organization’s. He clarified that winners were not chosen randomly, as in a lottery.

In response, District Attorney Larry Krasner’s office representative alleged that the event was a fraudulent scheme designed to influence the election.

Previously, Musk had pledged to award $1 million daily to a randomly selected resident who signed a petition supporting the First and Second Amendments (freedom of speech and the right to bear arms), aiming to boost conservative voter registration in swing states.

Eligibility for signing the petition was restricted to registered voters in seven battleground states: Arizona, Michigan, Georgia, Nevada, North Carolina, Pennsylvania, and Wisconsin.

In response, on October 28, Philadelphia District Attorney Larry Krasner filed a civil suit in Philadelphia’s district court against Musk and America PAC, which had been established to support Trump’s election, seeking to stop the prize distribution.

After filing the lawsuit, Krasner stated, “We have a responsibility to protect the public from unfair trading practices and illegal lotteries. The prosecution also must safeguard the integrity of elections from actions that undermine it.”

Hot this week

Coffee Prices Jump After Trump Hits Brazil With 50% Tariff

Coffee prices surged after Trump's 50% tariff on Brazil, leading to retaliatory measures and a drop in Brazilian stocks.

Trump Pushes New 15–20% Tariffs on U.S. Trading Partners

Trump plans to impose 15%-20% tariffs on many trading partners, including a 35% tariff on Canada starting August 1.

Qualcomm’s Top AI Chip Now Powers the Galaxy Z Fold 7

Qualcomm's Snapdragon 8 Elite platform will power Samsung's Galaxy Z Fold 7, enhancing AI and performance in mobile innovation.

Nvidia Hits $4 Trillion Market Cap, Becomes First to Do It

Nvidia breaks the 4 trillion USD market cap, becoming the first to achieve this milestone in the AI semiconductor market.

Wall Street Ends Mixed as Nvidia Nears $4 Trillion, Tesla Rebounds

The NY stock market showed mixed results with Nvidia nearing a $4 trillion cap, while tariffs and Musk's politics impact Tesla.

Topics

Coffee Prices Jump After Trump Hits Brazil With 50% Tariff

Coffee prices surged after Trump's 50% tariff on Brazil, leading to retaliatory measures and a drop in Brazilian stocks.

Trump Pushes New 15–20% Tariffs on U.S. Trading Partners

Trump plans to impose 15%-20% tariffs on many trading partners, including a 35% tariff on Canada starting August 1.

Qualcomm’s Top AI Chip Now Powers the Galaxy Z Fold 7

Qualcomm's Snapdragon 8 Elite platform will power Samsung's Galaxy Z Fold 7, enhancing AI and performance in mobile innovation.

Nvidia Hits $4 Trillion Market Cap, Becomes First to Do It

Nvidia breaks the 4 trillion USD market cap, becoming the first to achieve this milestone in the AI semiconductor market.

Wall Street Ends Mixed as Nvidia Nears $4 Trillion, Tesla Rebounds

The NY stock market showed mixed results with Nvidia nearing a $4 trillion cap, while tariffs and Musk's politics impact Tesla.

Oil Prices Climb Again as Red Sea Tensions Escalate

International oil prices rise due to U.S. tariff threats and tensions in the Red Sea, with Brent crude at $70.15 per barrel.

Tesla Tanks $68B as Musk Unveils New Political Party

The New York stock market declines after Trump imposes tariffs on South Korea and Japan, with Tesla losing $68 billion in value.

Oil Prices Climb After Saudi Arabia Hikes Export Rates

Saudi Arabia's surprise oil price hike boosts international oil prices, impacting markets and South Korea's oil imports significantly.

Related Articles