Apr. 7, 2023
Investors seek to overturn jury verdict for Tesla on Musk tweet
Tesla’s counsel maintained in filings the jury reasonably interpreted the evidence before them, especially given the jurors came to a quick decision after just two hours of deliberations.
Tesla Inc. investors asked a federal judge Thursday to set aside the verdict of a jury that found CEO Elon Musk and the automaker were not liable for fraud for Musk’s Aug. 7, 2018 tweet stating he was “considering taking Tesla private at $420” and there was “funding secured.”
Tesla’s counsel maintained in filings the jury reasonably interpreted the evidence before them, especially given the jurors came to a quick decision after just two ho...
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