Federal Appeals Court Upholds Musk’s No-Fraud Verdict in Tesla Tweets Case

The court has upheld a jury verdict clearing Musk of securities fraud over his Twitter posts about taking Tesla private.
Federal Appeals Court Upholds Musk’s No-Fraud Verdict in Tesla Tweets Case
Elon Musk, CEO of SpaceX and Tesla and owner of X, looks on during the Milken Institute 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, Calif., on May 6, 2024. David Swanson/Reuters
Tom Ozimek
Tom Ozimek
Reporter
|Updated:
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Tesla CEO Elon Musk scored a legal win on Nov. 6, as a federal appeals court upheld a jury’s decision clearing him of securities fraud over his 2018 posts on Twitter, now X, about taking the electric vehicle company private.

The Ninth Circuit Court of Appeals issued a memorandum and disposition on Nov. 6, rejecting claims from a group of Tesla investors that the instructions that a judge gave to jurors before they cleared Musk of liability in a February 2023 verdict were flawed and so warranted a new trial.
Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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