Twitter CEO Elon Musk Not Liable For Misleading Investors: US Jury | Elon Musk News | News18

Twitter CEO Elon Musk Not Liable For Misleading Investors: US Jury | Elon Musk News | News18A U.S. jury on Friday (February 3) found Tesla CEO Elon Musk and company were not liable for misleading investors.That's in relation to Musk tweeting in 2018 that he had "funding secured" to take the electric car company private.Tesla shareholders had been claiming billions in damages. Here's one of their lawyers, Adam Apton, after the verdict was read out.“We’re disappointed. We’re examining options, and yeah. Thank you guys.”The plaintiffs claimed Musk had misled them when he tweeted on August 7, 2018, that he was considering taking the company private at $420 per share.That was a premium of about 23% above the previous day's close.He also said he had "funding secured".Later that day Musk, now also Twitter's CEO, had tweeted "investor support is confirmed". Plaintiffs claimed that was a lie.#elonmusk #twitter #tesla #usnews #englishnews #latestnews n18oc_world