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( 8197 viewed : 58 like : 3 comments ) Twitter CEO Elon Musk Is Acquitted By A US Jury Over 2018 Tesla ‘Funding Secured’ Tweet | News LIVE

A U.S. jury on Friday (February 3) found Tesla CEO Elon Musk and company were not liable for misleading investors.

That's in relation to Musk tweeting in 2018 that he had funding secured to take the electric car company private.

Tesla shareholders had been claiming billions in damages. Here's one of their lawyers, Adam Apton, after the verdict was read out.

“We’re disappointed. We’re examining options, and yeah. Thank you, guys.”

The plaintiffs claimed Musk had misled them when he tweeted on August 7, 2018, that he was considering taking the company private at $420 per share.

That was a premium of about 23% above the previous day's close.

He also said he had funding secured .

Later that day Musk, now also Twitter's CEO, tweeted investor support is confirmed . The plaintiffs claimed that was a lie.

#elonmusk #twitter #tesla #usnews #englishnewslive #latestnewslive n18oc_world [ 2023-02-05T03:21:12Z ] :flashminiupdate:2025-10-14

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[85D] ผลสลากกินแบ่งรัฐบาล วันที่ 1 พย. 2567 [ Awesome stories ]




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