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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. That's according to estimates
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
The billions said to have been lost reflect the impact on the price of options during a 10-day period as the proposed plan to take Tesla private fell apart.
A judge in a lawsuit over a tweet Elon Musk sent in 2018 about Tesla has asked for an explanation about a calculation.