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Jury Announces Verdict In Elon Musk Fraud Case
Tesla CEO was cleared by the jury Elon Musk Investors claimed that he defrauded them when he posted that he was thinking of taking the company private several years back.
“Am considering taking Tesla private at $420,” Musk tweeted August 7, 2018, “Funding secured.”
Am thinking of taking Tesla private at $420 Funding secured.
— Elon Musk (@elonmusk) August 7, 2018
San Francisco federal jury rejects Musk’s demand to pay billions in damages for his tweet.
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