Musk floated the possibility shortly after 1 p.m. "Am considering taking Tesla private at $420. Funding secured," hesaidon Twitter. The stock, then trading at about $342 per share, shot up to $367.25, before trading was halted at 2:08 p.m. The tweet took market-watchers by surprise,...
Elon Musk testifies in civil trial over 2018 tweets about Tesla going privateA jury has decided Elon Musk didn't deceive investors with tweets in 2018.The verdict by the nine jurors was reached after less that two hours of deliberation following a three-week trial.The trial pitted Tesla invest...
Elon Muskis in thenewsagain over some tweets on Twitter. But thankfully, it not due to backlash from an abrasive one. Rather, Musk’s latest tweets haveindustryandfinancial analystsin another frenzy, openly expressing the idea of transitioning Tesla Motors into a private company, prospective...
“Why are we here?” Porritt asked. “We are here because Elon Musk, chairman and chief executive of Tesla, lied. His lies caused regular people like Glen Littleton to lose millions and millions of dollars." He also asserted that Musk's tweet also hurt pension funds and other organizations...
Musk has faced problems with the SEC for tweeting about Tesla’s stock. In August 2018, he said he wanted to take Tesla private at $420 per share and that he had secured the funding to do so. Musk and Tesla each had to pay the SEC a $20 million fine to settle the suit, and Mus...
A federal judge on Friday rejected Tesla CEO Elon Musk’s bid to move or delay a trial over a misleading tweet about a potential buyout of the electric automaker, setting the stage for the mercurial billionaire to be thrust into a legal drama amid the tu
Elon Musk’s enigmatic personality and unconventional tactics are emerging as key exhibits in a trial revolving around one of his most polarizing pursuits — tweeting.
Elon Musk is in perilous territory after tweeting about wanting to take Tesla private, experts sayMark Matousek
Elon Muskhasn't been talking aboutTeslavery often these days, as he's spending his time dealing with Twitter 2.0. However, we will say that his willingness and ability to jump all over the place – between Twitter, the Tesla Semi event, the Neuralink event, and more – never ceases to ...
Tesla CEO Elon Musk tweeted that he wants to take the company private, sending its stock soaring. But the electric car company still faces several significant issues, such as continuing to operate at a loss and delays on deliveries for its Model 3. Tim Stevens of CNET's Roadshow joins CBSN...