Elon Musk, Tesla cleared of liability over claims they misled investors with “funding secured” tweet

In a significant legal victory for Elon Musk and Tesla, a U.S. appeals court upheld a jury’s decision that cleared them of liability over the CEO’s infamous 2018 “funding secured” tweet. Musk’s tweet resulted in substantial volatility for TSLA stock, and it ultimately resulted in the CEO and Tesla paying a combined fine of $40 … Continue reading Elon Musk, Tesla cleared of liability over claims they misled investors with “funding secured” tweet