https://arstechnica.com/tech-policy/2023/02/musk-lawyer-blames-tesla-investors-for-their-losses-as-funding-secured-trial-ends/

The class-action trial over Elon Musk's false "funding secured" tweets ended today with closing arguments. A nine-member federal jury now must decide whether Musk and Tesla should have to pay damages to investors who lost money after Musk falsely claimed in August 2018 that he had secured funding to take Tesla private.

"To Elon Musk, if he believes it—or even just thinks about it—then it's true, no matter how objectively false or exaggerated it may be," plaintiff's attorney Nicholas Porritt said today. "Now it may work in his businesses—that's not an issue for this trial. But it does not work in the securities markets, for public companies. The securities markets have rules governing what you can and cannot say, and one of those basic rules is that what you say must be true and accurate."