A jury clears Elon Musk of wrongdoing related to 2018 Tesla tweets upr.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from upr.org Daily Mail and Mail on Sunday newspapers.
Tesla CEO Elon Musk was found not liable in a shareholder class-action suit stemming from 2018 tweets in which he said he was considering taking Tesla private.
In 2018, Musk declared that he had "funding secured" to take Tesla private. The tweets caused the share price to fluctuate dramatically. Shareholders sued Musk, claiming the billionaire had acted recklessly.
A jury on Friday decided Elon Musk didn t deceive investors with his 2018 tweets about electric automaker Tesla in a proposed deal that quickly unraveled and raised questions about whether the billionaire had misled investors.