Here are five things to know about Elon Musk’s testimony about his 2018 tweet saying he had secured funding to take Tesla private
Elon Musk, over three days of testimony during the past week, gave his reasoning behind the 2018 tweet in which the Tesla Inc. chief executive said he had secured funding to take the electric-car maker private.
The trial centers on the now-famous tweet by Mr. Musk from Aug. 7, 2018, that reads: “Am considering taking Tesla private at $420. Funding secured.” A class of Tesla investors at the time, arguing the tweet spurred investment decisions that led them to collectively lose billions of dollars as it became clear a deal wouldn’t take place.
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Elon Musk: Tweets about taking Tesla private weren't fraudSAN FRANCISCO (AP) — Elon Musk returned to federal court Monday in San Francisco, testifying that he believed he had locked up financial backing to take Tesla private during 2018 meetings with representatives from Saudi Arabia’s Public Investment Fund — although no specific funding amount or price was discussed.
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Elon Musk: Tweets about taking Tesla private weren't fraudElon Musk has returned to federal court in San Francisco to testify in a class action lawsuit filed by Tesla investors alleging he misled them with a tweet
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Elon Musk: Tweets about taking Tesla private weren't fraudElon Musk has returned to federal court in San Francisco to testify in a class action lawsuit filed by Tesla investors alleging he misled them with a tweet.
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Elon Musk: Tweets about taking Tesla private weren’t fraudThe trial hinges on the question of whether a pair of tweets that Elon Musk posted on Aug. 7, 2018, damaged Tesla shareholders.
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Elon Musk: Tweets about taking Tesla private weren't fraudElon Musk has returned to federal court in San Francisco to testify in a class action lawsuit filed by Tesla investors alleging he misled them with a tweet.
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Elon Musk Returns to Stand in Tesla Tweets TrialElon Musk returned for a third day of testimony in a case brought by investors who say they lost money because of his tweets proposing to take Tesla private
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