effort to take Tesla private after his infamous “funding secured” tweet in August 2018 has loomed over the billionaire’s reputation — and his quest to buy Twitter.
The back-and-forth continues. Al-Rumayyan tells Musk that “we cannot approve something that we don’t have sufficient information on” and says that he’s been waiting for more financial information. Later in the exchange, Al-Rumayyan asks Musk to “read the article please”. But the shareholders suing Musk in federal court argue that Musk’s “indisputably false” August 2018 tweet and follow-up posts on Twitter cost them billions of dollars amid wild swings in Tesla’s stock price. Musk and his attorneys have been adamant that the tweet to his millions of followers was “entirely truthful”.
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