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Musk found not guilty of fraud over Tesla tweet

Lightyear
Lightyear
in World News - Discussion

Featured Replies

image.png.b62865dbca8c5e6baac815717f4cd0de.png

 

Tesla founder Elon Musk has been cleared of wrongdoing for a tweet in which he said he had "funding secured" to take the electric carmaker private.

 

Mr Musk faced a class-action lawsuit filed on behalf of Tesla shareholders who argued he misled them with his posts in August 2018.

 

The proposed $72bn (£60bn) buyout never materialised.

 

https://www.bbc.com/news/world-us-canada-64520157

 

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It's almost funny how he always gets away with his behavior. I wonder how much his wealth and influence have to do with this.

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