An Indonesian minister announced on Sunday that Elon Musk, the new owner of Twitter, will not be traveling to Bali to attend a meeting of businessmen on the sidelines of the G20 summit, but will attend a virtual meeting.
Musk, owner of automaker Tesla, was scheduled to speak at the so-called B20 economic conference in Bali.
The billionaire is expected to appear before a US court next week in a lawsuit over his 2018 acquisition of a $56 billion worth of stock options.
“As for Elon Musk, he is on trial. He is expected to be present in court,” Luhut Binsar Panjitan, the Indonesian minister in charge of coordinating maritime affairs and investment, told reporters.
The ministry said Musk, the world’s richest man, would participate on Monday, a day before the opening of the Group of Twenty, in virtual discussions for an hour with Indonesian businessman Anindia Bakri on “future disruptions of global technological innovation”.
B20 attendees include Amazon founder Jeff Bezos, Canadian Prime Minister Justin Trudeau, and Australian Prime Minister Anthony Albanese.
Panjitan said Musk will visit Jakarta in December “after completing his legal procedures.”
Indonesian President Joko Widodo visited Texas to meet with Musk earlier this year to discuss Tesla’s investment in the archipelago’s nickel industry.
Indonesia has the largest reserves of nickel in the world and the electric car pioneer would be interested because it is used as a component in batteries.
One of the shareholders challenged the bonus, given to Musk with the consent of the investors, in a Delaware court. But the plaintiff accused the board of failing to fulfill his obligations.
