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Tesla's Elon Musk found not liable in trial over 2018 'funding secured' tweets
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Topic: Tesla's Elon Musk found not liable in trial over 2018 'funding secured' tweets (Read 310 times)
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Elderberry
TBR Contributor
Posts: 24,625
Tesla's Elon Musk found not liable in trial over 2018 'funding secured' tweets
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on:
February 04, 2023, 01:20:12 am »
Reuters By Jody Godoy and Hyunjoo Jin 2/3/2023
A U.S. jury on Friday found Tesla Inc (TSLA.O) CEO Elon Musk and his company were not liable for misleading investors when Musk tweeted in 2018 that he had "funding secured" to take the electric car company private.
Plaintiffs had claimed billions in damages and the decision also had been seen as important for Musk himself, who often takes to Twitter to air his views.
The jury came back with a unanimous verdict roughly two hours after beginning deliberations.
More:
https://www.reuters.com/legal/securities-fraud-trial-over-elon-musks-2018-tweets-draws-close-2023-02-03/
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Kamaji
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Posts: 58,111
Re: Tesla's Elon Musk found not liable in trial over 2018 'funding secured' tweets
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Reply #1 on:
February 05, 2023, 05:00:57 pm »
Let’s see how the appeals go.
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catfish1957
Laken Riley.... Say her Name. And to every past and future democrat voter- Her blood is on your hands too!!!
Political Researcher
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Re: Tesla's Elon Musk found not liable in trial over 2018 'funding secured' tweets
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Reply #2 on:
February 05, 2023, 05:01:42 pm »
By a SF jury no less. I was pretty shocked.
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I display the Confederate Battle Flag in honor of my great great great grandfathers who spilled blood at Wilson's Creek and Shiloh. 5 others served in the WBTS with honor too.
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Tesla's Elon Musk found not liable in trial over 2018 'funding secured' tweets