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Musk cleared of fraud over 2018 39funding secured39 tweet to take Tesla private

Admin - 2 years ago
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Tesla CEO Elon Musk and his company are "not liable" for misleading investors when Musk tweeted in 2018 that he had "funding secured" to take the electric car company private, a US jury said. Investors had sued Musk and Tesla accusing them of fraud and sought billions of dollars in damages. "Wisdom of...people has prevailed," Musk tweeted after the verdict.
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