Elon Musk appears in court in Tesla purchase tweet case : The Dainik Tribune

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San Francisco, January 21 (Agency)

Billionaire Elon Musk appeared in court for a hearing on a case related to his ‘misleading’ tweets regarding the purchase of his electric vehicle company Tesla. The matter pertains to two tweets dated August 7, 2018. Musk had said in both tweets that he had arranged enough finance to buy Tesla. However, the deal never materialized. Subsequently, Tesla’s stock holders sued Musk, saying that his tweets caused them huge losses. Musk appeared in San Francisco civil court. His lawyer requested to transfer the case to Texas, which was turned down by the court.

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