Elon Musk Testifies on Day 2 of Tesla Tweet Trial
The trial revolves round whether or not a pair of tweets Musk posted on August 7, 2018 harmed Tesla shareholders
Elon Musk returned Monday in federal court docket in San Francisco to testify in a category motion lawsuit filed by Tesla traders alleging he misled them with a tweet.
The tweet prompted a $40 million settlement with securities regulators and claimed it ready funding for Tesla’s privatization in a deal that by no means got here shut.
The trial hinges on whether or not two tweets Musk posted on August 7, 2018 harmed Tesla shareholders in a 10-day interval earlier than Musk admitted the acquisition he was planning wouldn’t undergo.
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