Verdict Secured: Musk Found Not Guilty of Defrauding Tesla Investors in Take-Private Case

A jury has found Elon Musk not liable for investors’ losses in a security fraud trial over his 2018 “Funding secured” tweet. Musk then said he is considering taking Tesla private at $420 a share, a statement that a judge ruled was false. It was a week full of good news for Tesla, following in the footsteps of the Q4 2022 earnings call. Elon Musk has approved the beta prototype of the Cybertruck, and we&rs... (continue reading...)