Musk expected to take stand as trial resumes over Tesla tweet

chief executive, is likely to be called to testify on Friday in a jury trial over his 2018 tweet that he had "funding secured" to take the electric carmaker private, which shareholders allege cost them millions in trading losses.

The billionaire entrepreneur is listed as the third possible witness on Friday, after a securities expert and a Tesla investor, in the class action trial in San Francisco federal court., is expected to address why he has insisted he had Saudi investor backing for the deal, which never came together, and whether he knowingly made a materially misleading statement with his tweet.trial and the plaintiffs have already cleared high legal hurdles, with U.S.

Musk's attorney, Alex Spiro, countered in his opening statement that Musk believed he had financing from Saudi backers and was taking steps to make the deal happen. Fearing leaks to the media, Musk tried to protect the "everyday shareholder" by sending the tweet, which contained "technical inaccuracies," Spiro said.

A jury of nine will decide whether the tweet artificially inflated Tesla's share price by playing up the status of funding for the deal, and if so, by how much. The defendants include current and former Tesla directors, whom Spiro said had "pure" motives in their response to Musk's plan.Reporting by Tom Hals in Wilmington, Del., and Jody Godoy in San Francisco Editing by Noeleen Walder and Matthew Lewis

To them thought police we say. I live on the planet in a vast universe to which you are not the universe police you in fact little on the grand scale. Again two types of people the dangerous types controlling us then there’s Elon and us.

Again I’ll say it. Say what you like to who you like and if they disagree well that’s all it is. It’s not a crime to talk or speak or misspeak. The crime is the thought speech police that’s currently trying to shut down are minds.

Wow what a criminal oh no someone said something just defies everything of late. If they don’t like you they will try to cancel. It’s the woke. Seems to me there two types of people that currently reside on this planet. Elon and us. Then there’s them.

Is that Regé-Jean Page on the left?

👍😎🇨🇦

Love the facial expression!

숏 몰빵 로이터

It is clear shareholder loyalty is not to the creator of wealth, viz. Elon, but to the money he created.

Woow♥️

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