The verdict comes after a three-week trial that pitted shareholders against the billionaire and company CEO
A US jury has found Elon Musk and Tesla not liable in a securities fraud case over a pair of 2018 tweets that said he “funding secured” to take the electric carmaker private, a claim investors argued cost them billions of dollars.
The decision marks an important victory for Musk, who has aggressively fought any charges that he was guilty and defended his ability to tweet broadly.
Continue reading…
The verdict comes after a three-week trial that pitted shareholders against the billionaire and company CEO
A US jury has found Elon Musk and Tesla not liable in a securities fraud case over a pair of 2018 tweets that said he “funding secured” to take the electric carmaker private, a claim investors argued cost them billions of dollars.
The decision marks an important victory for Musk, who has aggressively fought any charges that he was guilty and defended his ability to tweet broadly. Continue reading…Technology | The Guardian