https://www.theguardian.com/technology/2018/aug/11/elon-musk-and-tesla-sued-over-funding-secured-tweet

Lawsuits say claim about taking company private was a scheme to punish short-sellers

Tesla and Elon Musk were sued twice on Friday by investors who say they fraudulently engineered a scheme to squeeze short-sellers, including through Musk’s proposal to take the electric car company private.