Elon Musk’s ‘lies’ about Tesla on Twitter cost investors millions, court told

Elon Musk “lied” when he claimed he had “secured” funding to take Tesla private, a lawyer for investors has told a court.

The company’s chief executive wrote in 2018 that he had “secured” funding to take the electric carmaker private and later that investor backing was “confirmed”, causing shares to fall and then to soar.

Mark Gibson

Graduates in Northwestern University, Evanston, Illinois 1990. Move to Los Angeles California in 2004. Specialized in Internet journalism.

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