Musk defends his tweets about taking Tesla private in San Francisco court ...Middle East

Economy by : (Business Standard) -
Elon Musk returned to federal court Monday in San Francisco, testifying that he believed he had locked up financial backing to take Tesla private during 2018 meetings with representatives from Saudi Arabia's Public Investment Fund although no specific funding amount or price was discussed. The billionaire Tesla CEO and Twitter owner is facing a class action lawsuit filed by Tesla investors alleging he misled them with a tweet saying funding was secured to take his electric car company private for $420 per share. But the deal never came close to happening, and the tweet resulted in a $40 million settlement with securities regulators. The trial hinges on the question of whether a pair of twe

Hence then, the article about musk defends his tweets about taking tesla private in san francisco court was published today ( ) and is available on Business Standard ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Musk defends his tweets about taking Tesla private in San Francisco court )

Last updated :

Also on site :

Most Viewed Economy
جديد الاخبار