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Elon Musk subpoenaed, denies taking financial advice from Jeffrey Epstein

Bynewsmagzines

May 16, 2023
Elon Musk subpoenaed, denies taking financial advice from Jeffrey Epstein

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Elon Musk said the decision to issue a subpoena was “idiotic.”
Bill Pugliano/Getty Images
  • Elon Musk has denied taking financial advice from Jeffrey Epstein.
  • Musk made the claim after being subpoenaed in a case involving Epstein’s ties to JPMorgan.
  • The billionaire is the latest high-profile figure to be drawn into the case. 

Elon Musk has denied taking financial advice from Jeffrey Epstein after he was subpoenaed in a lawsuit over JPMorgan’s ties to the convicted sex offender.

The billionaire Tesla and Twitter chief tweeted on Monday that the decision from the US Virgin Islands to issue a subpoena was “idiotic on so many levels” and called Epstein a “cretin” who had never advised him on “anything whatsoever.”

“The notion that I would need or listen to financial advice from a dumb crook is absurd,” Musk tweeted. “JPM let Tesla down ten years ago, despite having Tesla’s global commercial banking business, which we then withdrew. I have never forgiven them.”

The subpoena, filed on Monday, offered few details about why it was pursuing Musk, noting little more than its position that the billionaire is “a high-net-worth individual who Epstein may have referred or attempted to refer to JPMorgan.” 

It makes Musk the latest high-profile person to be subpoenaed in a series of lawsuits revolving around JPMorgan’s ties to Epstein. Google cofounder Sergey Brin has recently been subpoenaed, per The Wall Street Journal. Earlier this month, it was reported that the US Virgin Islands couldn’t find fellow Google cofounder Larry Page to serve him a subpoena.

Epstein had been a client of JPMorgan for several years before his accounts were closed in 2013, but the Wall Street Journal reported last month that senior executives at the bank continued to meet with him. 

Musk’s ties to Epstein are unclear, though the billionaire had been photographed with the sex offender’s close associate Ghislaine Maxwell at a Vanity Affair event in 2014. 

Musk has previously said that he was “photo-bombed” by Maxwell, who he has denied knowing while suggesting that “the same people who push this photo say nothing about the prominent people” who went to Epstein’s residence in the US Virgin Islands tied to trafficking. 

The Tesla and Twitter chief’s relationship with JPMorgan has been tumultuous in recent years after the bank sued Tesla in 2021 for $162 million after alleging that the EV maker had breached a contract.

Epstein died at the Metropolitan Correctional Center in New York in 2019.

Musk did not immediately respond to Insider’s request for comment. JPMorgan declined to comment.

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