Judge deemed Musk's Tesla tweet 'false and misleading', claim investors

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A 2018 tweet posted by Elon Musk in which he claimed to have secured the funding to take Tesla private has been deemed 'false and misleading' by a judge, according to documents filed by investors suing his electric car company.

A 2018 tweet posted by Elon Musk in which he claimed to have secured the funding to take Tesla private was deemed "false and misleading" by a judge, according to documents filed by investors suing his electric car company.

The shareholders have accused Tesla of securities fraud over their stock market losses in the wake of the August 7, 2018 tweet, which caused the share price to fluctuate wildly for several days. In a court filing late on Friday, plaintiffs asked the federal judge in charge of the case, Edward Chen, to order Musk to stop saying publicly that heIn the past, the billionaire entrepreneur has said he was in talks at the time with Saudi Arabia's sovereign wealth fund and that he was confident he would reach a deal.

Plaintiffs accused Mr Musk of engaging in "a high-profile public campaign to present a contradictory and false narrative regarding his August 7, 2018 tweets" — which could influence eventual jurors assigned to the trial set for later this year.

 

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Just another megalomanic we have lost all values ..the human raise is trash

What I interpreted elonmusk saying at Ted talk, was he was made to look like he lied to save Tesla by the SEC! It was not the case. He was forced to make a deal by the banks that were funding him. So he settled the matter accepted by law.. I know Freedom of speech scares you ABC

The ABC join the leftist meltdown, I'm shocked 😂😂

The guy can manipulate the markets with tweets. He just wants to own his pump and dump platform.

Poison pill.......can buy the 15% cheaper on top of the 9puss sent

This whole Twitter / free speech absolutist rubbish has been to drum up right wing support prior to being punished for trying to cheat the system.

When Elon buys twitter the ABC cannot continue its false Liberal party bullshit.

Judges in America are bought and sold all the time..they will get sweet fk all out of him.

lol ABC in the fight to save Twitter from Elon .. but leftie fools try say ABC is right leaning

ProductPlacement elonmusk

But he did have funding secured...? Convenient that the 'investors' aren't elaborated upon.

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