Elon Musk takes stand in Tesla tweet fraud trial

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Elon Musk takes stand in Tesla tweet fraud trial - Malay Mail

Quick Summary:

SAN FRANCISCO, Jan 21 ― Tesla CEO Elon Musk took the stand in a California fraud trial yesterday, accused of lying in...

The case revolves around a pair of tweets in which Musk said “funding secured” for a project to buy out the publicly traded electric automaker, then in a second tweet added that “investor support is confirmed.

Testimonies in the trial opened Wednesday with a lawyer for the upset investors telling jurors Musk lied about having funding in place.