CandleFocus Elon Musk and Tesla Cleared of Investor Misleading Claims, Trump Effect?
2024-11-07
Author: Content Editor
A U.S. appeals court has ruled in favor of Elon Musk and Tesla, clearing them of any liability regarding Musk's 2018 tweet about securing funding to take Tesla private. The tweet had caused significant volatility in Tesla's stock and resulted in accusations from investors. The court upheld the jury's decision and dismissed the lawsuit, stating that the tweet was not misleading or harmful to investors.
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