Musk tells jury buying Tesla at $420 a share was no joke ...Middle East

News by : (Daily Sun) -
SAN FRANCISCO: Elon Musk on Monday told jurors that his 2018 tweet about taking Tesla private at $420 a share was no joke and that Saudi Arabia's sovereign wealth fund was serious about helping him do it.The Tesla chief returned to the witness stand to answer questions from lawyers for angry investors who accuse him of costing them millions of dollars with a pair of allegedly false tweets about having the funding secured to buy them out.A lawyer for the plaintiffs focused on Musk's buyout figure of 420, a number that is also a popular rallying code for marijuana, which Musk uses.“420 was not chosen because of a joke; it was chosen because there was a 20 percent premium over the stock price,“

Hence then, the article about musk tells jury buying tesla at 420 a share was no joke was published today ( ) and is available on Daily Sun ( 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 tells jury buying Tesla at $420 a share was no joke )

Last updated :

Also on site :

Most Viewed News
جديد الاخبار