Yahoo Finance’s Alexis Keenan joins the Live show to discuss the latest surrounding the suit Tesla shareholders filed against Elon Musk over his 2018 tweets about the EV maker.
(Bloomberg) -- Elon Musk proved once again that he’s difficult to beat in court.Most Read from BloombergWhat You Need to Know About the Suspected Chinese Spy Balloon Floating Over the USGeorge Santos Produced Broadway’s Ill-Fated Spider-Man Musical. At Least, He Claims He DidUS Postpones Blinken China Visit in Uproar Over Alleged Spy BalloonThe Fed Delivered a Message. Markets Didn’t Hear It‘Teflon’ Elon Wins Again as Jury Rejects Tweet Fraud ClaimsOn Friday, a federal jury in San Francisco took
Elon Musk may become even more emboldened in his Twitter use after a jury cleared the billionaire Tesla Inc chief executive over his missive that he had "funding secured" to take his electric car company private. A San Francisco jury took just two hours to unanimously find the world's second-richest person not liable for having allegedly tweeted fraudulently in August 2018 about a possible Tesla buyout. Musk is likely to "double down" on his communication tactics after the verdict, said Minor Myers, a professor of corporate law at the University of Connecticut.