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Elon Musk celebrates dodging billions in potential damages from a Tesla investor swimsuit

admin by admin
February 4, 2023
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Elon Musk celebrates dodging billions in potential damages from a Tesla investor swimsuit
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Elon Musk took a victory lap after a jury dominated in his favor Friday in a Tesla investor lawsuit that would have value him billions of {dollars}.

A San Francisco jury mentioned that Musk didn’t deceive buyers when he tweeted in 2018 that he had ‘funding secured’ to take Tesla personal. The buyers had claimed they’d misplaced billions as a result of they’d believed that Musk was about to pay a premium for Tesla’s shares when, in reality, he by no means had the surface financing to take action.

“Thank goodness, the knowledge of the individuals has prevailed! I’m deeply appreciative of the jury’s unanimous discovering of innocence within the Tesla 420 take-private case,” Musk tweeted, referring to the share worth he purportedly was prepared to pay within the deal and a quantity that additionally doubled as a marijuana joke.

Thank goodness, the knowledge of the individuals has prevailed!

I’m deeply appreciative of the jury’s unanimous discovering of innocence within the Tesla 420 take-private case.

— Elon Musk (@elonmusk) February 3, 2023

Musk, who has since acquired Twitter and spends a lot of his day on the service musing about no matter crosses his thoughts, continued his celebratory tweeting on Friday by responding to a fellow Twitter consumer. She had expressed shock {that a} jury in San Francisco, house to a “communist faculty board,” would facet with Musk and that it confirmed the town had some hope if “the woke thoughts virus” was eradicated—a subject proper in Musk’s more and more conservative wheelhouse.

“You’re proper,” Musk informed her earlier than shifting on to different matters.

Learn to navigate and strengthen belief in your small business with The Belief Issue, a weekly publication inspecting what leaders have to succeed. Sign up here.



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