Article 68GRH Jury sides with Elon Musk over 2018 tweets claiming he would take Tesla private

Jury sides with Elon Musk over 2018 tweets claiming he would take Tesla private

by
Kari Paul and Erin McCormick in San Francisco
from Technology | The Guardian on (#68GRH)

The verdict comes after a three-week trial that pitted shareholders against the billionaire and company CEO

Elon Musk and Tesla have been cleared of wrongdoing in a lawsuit over a pair of tweets from the executive that investors say cost them billions of dollars.

After less than two hours of deliberation wrapping up a three-week trial, a jury in San Francisco ruled on Friday that the Tesla CEO had not deceived investors with two tweets posted in August 2018 about a Tesla buyout that never happened.

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