Jury finds Musk, Tesla not liable in securities fraud trial following 'funding secured' tweets
Publishing timestamp: 2023-02-03 20:42:17
Summary
Tesla CEO Elon Musk was found not liable in a shareholder class-action suit stemming from 2018 tweets in which he said he was considering taking Tesla private. The jury in San Francisco federal court found Musk not liable after deliberating for less than two hours. Musk expressed his appreciation for the verdict on Twitter.
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Keywords: tesla inc, twitter (delisted), autos, elon musk, san francisco, twitter inc, breaking news: technology, business news, technology, climate,
Source: https://www.cnbc.com/2023/02/03/musk-tesla-board-not-liable-in-funding-secured-suit.html