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Elon Musk says his posts did more to ‘financially impair’ X than help it

An image of Elon Musk in a tuxedo making an odd face. The background is red with weight scales on it.
Image: Kristen Radtke / The Verge; Getty Images

Elon Musk admitted that his posts on the platform formerly known as Twitter may have financially harmed the company in the long run, in a March 27th deposition made public on Monday by The Huffington Post. The billionaire also admitted to have a “limited understanding” of the lawsuit for which he was being deposed.

The 22-year old Ben Brody sued Musk for defamation last fall, alleging that Musk pushed a conspiracy theory that falsely identified Brody as being involved in a fight between two far-right groups in Oregon. Musk’s attorney filed multiple requests to keep the transcript of his nearly two-hour testimony confidential, but they were denied by the judge.

At one point, Musk is asked by Brody’s attorney, Mark Bankston, about his…

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