Elon Musk Found Not Liable in Trial Over Tweets Proposing to Take Tesla Private – WSJ

A jury rejected investor claims that Elon Musk violated federal securities law when he tweeted in 2018 about potentially taking Tesla Inc. increase; green up pointing triangle private, handing a major win to the billionaire chief executive.

The nine-person jury said the investors who brought the class-action case failed to prove that Mr. Musk hurt them by tweeting about a possible deal.

Source: Elon Musk Found Not Liable in Trial Over Tweets Proposing to Take Tesla Private – WSJ