US jury finds Elon Musk not liable in Tesla tweet trial
Shortpedia
Content Team
Image Credit: wsj
A US jury on Friday decided that Tesla CEO Elon Musk was "not liable" for the losses incurred by investors after he tweeted that he was thinking to take the company private and added "funding secured," New York Times reported. In August 2018, Musk tweeted, "Am considering taking Tesla private at USD 420. Funding secured." "Investor support is confirmed. Only reason why this is not certain is that it's contingent on a shareholder vote," he added.
