Friday, February 3, 2023

Elon Musk found not liable in trial over 2018 Tesla take-private tweets

A U.S. jury on Friday found Tesla Inc CEO Elon Musk and his company were not liable for misleading investors when Musk tweeted in 2018 that he had lined up funding 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 has aggressively defended his ability to tweet broadly.

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