Unpacking Elon Musk’s Latest Legal Victory: The Impact of Musk’s Victory in a Jury Trial Over His 2018 “Funding Secured”
COREY KRAFTSOW—A California jury recently acquitted Elon Musk and Tesla in a civil trial concerning tweets Musk posted in 2018. The billionaire Tesla founder and serial entrepreneur tweeted “funding secured,” implying that he had secured financing from Saudi Arabia’s sovereign wealth fund to take Tesla private at a price of $420 per share. In other words, Musk hinted […]