Elon Musk appeared in court to fight claims he defrauded Tesla investors

Published by
BANG Showbiz English

Elon Musk appeared in court to fight allegations of defrauding Tesla shareholders. The 51-year-old billionaire – who took Twitter in October 2022 for $44 billion – tweeted in 2018 that he had “secured” the funding to make the electric supercar manufacturer private and that investment was “confirmed,” which prompted the share price to rise and then dip. In the following weeks, Elon went back on the plan and now investors who traded stock after the posts are after damages and claimed that Elon’s posts lead them to lose “billions”. The court heard how the SpaceX founder’s social media messages ca…

Read More

Leave a Reply