Tesla Inc. Chief Executive Elon Musk is back in court Tuesday for a final stretch of testimony in a federal fraud trial over alleged investor losses caused...
Tesla Inc. Chief Executive Elon Musk will return to a San Francisco court Tuesday for a final stretch of testimony in a federal trial over alleged investor losses caused by his “funding secured” and other tweets back in 2018.
Musk completed an hours-long testimony by the lead plaintiff’s attorney on Monday, and he’s set to resume cross-examination by his attorney, Alex Spiro. Under Spiro’s shorter cross-examination late Monday, Musk sought to establish himself as a trustworthy Silicon Valley go-getter who overcame adversity and went on to pursue lofty ideals, and on whom investors have relied on for decades and across several business ventures.
U.S. District Judge Edward Chen already has ruled that Musk’s tweets about taking Tesla private were not true and that Musk acted with recklessness.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Elon Musk's Tesla 'funding secured' trial: 9 things we learned in courtElon Musk on Saudi 'ass-covering' and 8 other things the Tesla boss said to defend himself in the 'funding secured' trial
Leer más »
Elon Musk's net worth skyrockets nearly $11 billion over Tesla trialElon Musk's net worth skyrockets nearly $11 billion in 2 days as the Tesla CEO defends his 'funding secured' tweet in trial
Leer más »
Elon Musk testifies in second day of Tesla tweet trialElon Musk returned to federal court Monday in San Francisco to testify in a class action lawsuit filed by Tesla investors alleging he misled them with a tweet.
Leer más »
Elon Musk testifies in 2nd day of Tesla tweet trialElon Musk returned to federal court Monday in San Francisco, testifying that he believed he had locked up financial backing to take Tesla private during 2018 meetings with representatives from Saudi Arabia’s Public Investment Fund — although no specific funding amount or price was discussed. The billionaire Tesla CEO and Twitter owner is facing a class action lawsuit filed by Tesla investors alleging he misled them with a tweet saying funding was secured to take his electric car company private — for $420 per share. The tweet resulted in a $40 million settlement with securities regulators after the deal never came close to happening.
Leer más »
Elon Musk testifies in 2nd day of Tesla tweet trialElon Musk returned to federal court Monday in San Francisco to testify in a class action lawsuit filed by Tesla investors alleging he misled them with a tweet.
Leer más »
Elon Musk testifies for 2nd day in Tesla tweet trialElon Musk returned to federal court Monday to testify in a class action lawsuit filed by Tesla investors alleging he misled them with a tweet.
Leer más »