Article 681NA Musk tells Tesla trial: ‘Just because I tweet doesn’t mean people believe it’

Musk tells Tesla trial: ‘Just because I tweet doesn’t mean people believe it’

by
Kari Paul and agencies
from Technology | The Guardian on (#681NA)

The carmaker co-founder said Twitter was the most democratic way to communicate but tweets didn't affect stock as he expected

Elon Musk testified on Friday as part of a trial over a 2018 tweet in which he claimed to have funding secured" to take Tesla private, a tweet that shareholders allege cost them millions in trading losses.

The Tesla CEO appeared in a San Francisco federal courtroom and defended himself by saying that just because I tweet something does not mean people believe it or will act accordingly".

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