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BBCNEWS BBC News June 4, 2024 01:08:00 - Vimarsana News

BBCNEWS BBC News June 4, 2024 01:08:00

Formally to general daniel davidson. —— former lieutenant general. a jury in the united states has found elon musk not guilty of fraud over tesla tweet. mr musk was being sued by shareholders who claim they lost billions following tweets by the founder of the carmaker that he was taking the company back into private ownership — something which never happened. summing up, the lawyer for the shareholders said that the billionaire was not above the law while mr musk�*s attorney said his client was not a tweeting monster. james clayton has been following the case. i'm curious as to what yo...

BBCNEWS BBC News June 4, 2024 13:23:00 - Vimarsana News

BBCNEWS BBC News June 4, 2024 13:23:00

By the founder of the carmaker that he was taking the company back into private ownership. — something which never happened. summing up, the lawyer for the shareholders said that the billionaire was not above the law while mr musk�*s attorney said his client was not a tweeting monster. james clayton has been following the case. but i'm curious what you guys think. elon musk seemed nervous after he'd given evidence. "how did i do?", he asked the media outside and, to be fair, he had a lot to lose. potentially billions, in fact. in terms of an individual tweet, this tweet had already been ex...

BBCNEWS BBC News June 4, 2024 03:12:00 - Vimarsana News

BBCNEWS BBC News June 4, 2024 03:12:00

In terms of an individual tweets, this tweet had already been extremely costly. in august 2018, he tweeted out that he had funding secured to take tesla private. that would effectively mean buying out tesla shareholders, and many investors say they took mr musk at his word, buying up tesla stock. after that tweet, tesla's price rocketed. but soon it became clear that the deal was far from done. tesla never went private. it's still a public company to this day. and when that became clear, the share price duly fell. investors lost big money. the securities exchange commission had already fined e...

BBCNEWS BBC News June 4, 2024 02:11:00 - Vimarsana News

BBCNEWS BBC News June 4, 2024 02:11:00

Tweets by the founder of the carmaker that he was taking the company back into private ownership — something which never happened. summing up, the lawyer for the shareholders said that the billionaire was not above the law while mr musk�*s attorney said his client was not a tweeting monster. james clayton has been following the case. i'm curious as to what you guys think. elon musk seemed nervous after he'd given evidence. "how did i do?" he asked the media outside. and, to be fair, he had a lot to lose, potentially billions. in terms of an individual tweets, this tweet had already been ex...

BBCNEWS BBC News June 4, 2024 12:13:00 - Vimarsana News

BBCNEWS BBC News June 4, 2024 12:13:00

This tweet had already been extremely costly. in august 2018, he tweeted out that he had funding secured to take tesla private. that would effectively mean buying out tesla shareholders and many investors say they took mr musk at his word, buying up tesla stock. after that tweet tesla's share price rocketed, but soon it became clear that the deal was far from done. tesla never went private, it's still a public company to this day, and when that became clear the share price duly fell. investors lost big money. the securities exchange commission had already fined elon musk and tesla $40 million ...