Elon Musk and Tesla to begin trial for alleged fraud over ‘funding secured’ tweet

Elon Musk and Tesla to begin trial for alleged fraud over ‘funding secured’ tweet

a year ago
Anonymous $gM56WhLPcK

https://www.theguardian.com/technology/2023/jan/17/elon-musk-tesla-trial-alleged-fraud-funding-secured-tweet

Lawsuit seeks damages for shareholders who bought or sold Tesla stock in the days after Musk’s August 2018 tweets

Elon Musk and Tesla are set to go to trial in San Francisco on Tuesday in a case in which the company’s shareholders claim they were defrauded by Musk’s 2018 statement that funding was “secured” to take the electric car maker private.