Elon Musk acquitted in court in lawsuit filed by Tesla investors 04:43

American entrepreneur Elon Musk said in a statement Twitter accountHe said the jury acquitted him after Tesla investors’ collective complaint about the billionaire’s public statements.

“Thank God, human wisdom has prevailed! “I deeply appreciate the jury’s unanimous not guilty verdict,” Musk wrote.

In mid-January, it was learned that Elon Musk was present. in your name He was sued by Tesla investors. The reason for this was the entrepreneur’s post on Twitter in August 2018. He then said he was ready to make Tesla a non-public company for $420 per share. The disclosure did not materialize, but it did lead to sharp fluctuations in the value of the company’s shares.

Musk at the hearing on January 23 announcedThat the sovereign wealth fund of Saudi Arabia had verbally promised to buy Tesla, and the entrepreneur was completely confident that the buyer would pay the offered price, but then Riyadh rejected the deal.




Source: Gazeta

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