Court acquits Elon Musk for alleged ‘misleading’ tweets

Piet Andries

February 6, 2023

Musk’s tweet about taking Tesla private from five years ago wasn’t deemed a fraud by the jury handling the case in court /AFP

A court in San Francisco ruled on Friday that Musk shouldn’t be held liable for investor’s losses after the CEO of Tesla tweeted in 2018 that he was “considering taking Tesla private at $420. Funding secured". Small recap: Five years ago, Musk pondered on taking Tesla from the stock exchange,
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