Elon Musk Wins The Case Opened By Tesla Investors

Elon Musk won the lawsuit filed by Tesla investors. Investors filed a lawsuit against the billionaire, claiming that they were victims of the fall in Tesla shares after Musk said in a tweet that “Tesla will be privatized, financing was provided”.

Famous billionaire Elon Musk, the owner of Twitter, Tesla and SpaceX, is one of the most sued people in recent years. One of Musk’s ongoing lawsuits since 2018 has concluded as of the past day.

Tesla CEO Elon Musk tweeted in 2018 that funding was ready for the company’s privatization. After this tweet stock prices first rose, then fell after the bid failed. Therefore, investors sued the famous billionaire in January.

Musk won the lawsuit against him

Source :
https://www.cnet.com/roadshow/news/musk-wins-lawsuit-over-tesla-funding-secured-tweet/#ftag=CAD590a51e


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