Opening statements are set for Wednesday in the trial over alleged investor losses stemming from Elon Musk’s 2018 tweets about taking Tesla private
Attorneys are poised to present opening statements Wednesday in a federal trial related to Elon Musk’s 2018 tweets floating the possibility of taking Tesla Inc. private.
stems from an Aug. 7, 2018, tweet in which Mr. Musk, then Tesla’s chairman and chief executive, said, “Am considering taking Tesla private at $420. Funding secured.” He later added, “Investor support is confirmed.”
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