Jury: Musk Didn’t Defraud Investors With 2018 Tesla Tweets

Jury: Musk Didn’t Defraud Investors With 2018 Tesla Tweets
Elon Musk departs the Phillip Burton Federal Building and United States Court House in San Francisco on Jan. 24, 2023. Benjamin Fanjoy/AP Photo
The Associated Press
Updated:
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SAN FRANCISCO—A jury on Friday decided Elon Musk didn’t defraud investors with his 2018 tweets about electric automaker Tesla in a proposed deal that quickly unraveled and raised questions about whether the billionaire had misled investors.

The nine-member jury reached its verdict after less that two hours of deliberation following a three-week trial. It represents a major vindication for Musk, who spent about eight hours on the witness stand defending his motives for the August 2018 tweets at the center of the trial.