Elon Musk testified that he had “no ill motive” when he tweeted in 2018 that he had funding lined up to buy out his electric car company Tesla Inc, a claim that some shareholders have branded a lie.Musk is defending against claims he defrauded investors by tweeting on August 7, 2018 that he had “funding secured” to take Tesla private at $420 per share, and that “investor support is confirmed”.The trial tests whether the world’s second-richest person can be held liable for his sometimes rash use of Twitter.
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