Tesla CEO Elon Musk Faces Trial in Shareholder Case Over Tweets in 2018

Tesla CEO Elon Musk Faces Trial in Shareholder Case Over Tweets in 2018
Elon Musk on a smartphone placed on printed Twitter logos in an illustration on April 28, 2022. Dado Ruvic/Reuters
Bryan Jung
Updated:
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A trial is set to start over a class-action lawsuit regarding whether Tesla CEO Elon Musk knowingly misled investors by claiming that funding was “secured” to take the company private in 2018.

After closing the deal to purchase Twitter in October 2022, the Tesla CEO now has to face his earlier statements on the same social media platform more than four years ago.

Bryan Jung
Bryan Jung
Author
Bryan S. Jung is a native and resident of New York City with a background in politics and the legal industry. He graduated from Binghamton University.
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