Start United States USA — Financial Elon Musk wins federal court case over 2018 tweet

Elon Musk wins federal court case over 2018 tweet

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Back in 2018 Elon Musk tweeted about the possibility of taking Tesla private.
It never happened and it turned out the funding was never really secured but those comments caused havoc with the stock price and Musk and Tesla were sued by investors who claimed they had lost substantial money as a result.
Musk tried to have the case, which was filed in California, moved to Texas where the company is currently headquartered but that effort was denied.

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