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Tesla CEO Elon Musk recently won a lawsuit brought against him by Tesla investors who claimed they were financially affected by his infamous 2018 "funding secured" tweets about taking the company private.
A jury on Friday decided Elon Musk didn't deceive investors with his 2018 tweets about electric automaker Tesla.
<div class="at-above-post addthis_tool" data-url="http://www.metro.us/elon-musk-listens-while-vilified-hailed-as-tweet-trial-ends/"></div>SAN FRANCISO (AP) — A jury on Friday decided Elon Musk didn’t defraud investors with his 2018 tweets about electric automaker Tesla in a proposed deal that quickly unraveled and raised questions about whether the billionaire had misled investors. The nine-member jury reached its verdict after less that two hours of deliberation following a three-week […]<!-- AddThis Advanced Settings above via filter on get_the_e...
A jury has decided Elon Musk didn’t defraud investors with tweets in 2018. The verdict by the nine jurors was reached after less that two hours of deliberation following a three-week trial. The trial pitted Tesla investors represented in a class-action lawsuit against Musk, who is CEO of both the electric automaker and the Twitter service he bought for for $44 billion a few months ago. In 2018, Musk tweeted that he had the financing to take Tesla private even though it turned out he hadn’t gotten an iron-clad commitment for an aborted deal that would have cost $20 billion to $70 billion to...
By Jody Godoy and Hyunjoo Jin SAN FRANCISCO (Reuters) -Elon Musk's liability for tweeting in 2018 about financing for a buyout of Tesla Inc is now in a jury's hands, after a shareholder lawyer said