Elon Musk takes witness stand to defend Tesla buyout tweets

Elon Musk takes witness stand to defend Tesla buyout tweets

a year ago
Anonymous $gM56WhLPcK

https://apnews.com/506e98a2f98fb10e9a6477befdaa9627

SAN FRANCISCO (AP) — Elon Musk took the witness stand Friday to defend a 2018 tweet claiming he had lined up the financing to take Tesla private in a deal that never came close to happening.

The tweet resulted in a $40 million settlement with securities regulators. It also led to a class-action lawsuit alleging he misled investors, pulling him into court Friday.