The judge’s decision tips the scales heavily in favour of Tesla investors who are suing Musk and Tesla for as much as US$12bil (RM51.90bil) in trading losses they blame on the go-private tweets. — RYAN LASH/TED Conferences/AFP
Tesla Inc CEO Elon Musk earned the nickname “Teflon Elon” by successfully fighting off multiple legal challenges. But a recent court ruling suggests his run of personal victories may be endangered.
Last week, it was revealed that a San Francisco judge had determined that one of Musk’s 2018 tweets about taking his company private was a lie.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
