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Musk's 'Funding secured' tweet cost Tesla investors $12 billion, jury told - Vimarsana News

Musk's 'Funding secured' tweet cost Tesla investors $12 billion, jury told

Testimony presented to jurors was aimed at showing that Elon Musk’s August 2018 Twitter posts sent Tesla’s stock on a roller coaster ride that hurt investors who held a variety of positions.

Musk's Tesla tweet trial delves into investor damages - Vimarsana News

Musk's Tesla tweet trial delves into investor damages

An Elon Musk tweet declaring he had the financing to take Tesla private in 2018 caused billions of dollars in investor damages after the deal collapsed, ac

Musk's 'Funding Secured' Tweet Cost Investors $12bn in 10 Days: Report - Vimarsana News

Musk's 'Funding Secured' Tweet Cost Investors $12bn in 10 Days: Report

Michael Hartzmark of Forensic Economics says investors with both short and long positions were burned by Musk's tweet and its aftermath.

AP News in Brief at 11:04 p.m. EST - Vimarsana News

AP News in Brief at 11:04 p.m. EST

Tyre Nichols beating raises scrutiny on 'elite' police units

Elon Musk Tesla tweet trial delves into investor damages up to $11 billion - Vimarsana News

Elon Musk Tesla tweet trial delves into investor damages up to $11 billion

An Elon Musk tweet caused billions of dollars in investor damages after the deal collapsed, according to estimates presented at trial.