Elon Musk's false 'funding secured' tweet caused Tesla investors 'consequential harm' to the tune of $12 billion, jury told
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Tesla investors lost $12 billion over 10 days as a result of Elon Musk’s famous tweet in 2018 that he had “funding secured” to take the company private, a witness testified at a trial over the CEO’s liability. Lawyers for Musk have said there are billions of dollars in damages at stake in the…
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