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Jury Finds Musk Not Liable for Tesla 'Funding Secured' Tweet

FINANCIAL · Character article

Overview

In the Panel Profits market platform, Jury Finds Musk Not Liable for Tesla 'Funding Secured' Tweet applies standard financial concepts principles to comic assets and physical collections.

Investopedia Foundation: A San Francisco federal jury found Tesla (TSLA) CEO Elon Musk not liable late Friday for shareholder losses following his tweet suggesting he had secured funding for a buyout of the electric car company. No such buyout happened, and Tesla shares' 11% gain on the day of the August 2018 tweet evaporated over the next week. Plaintiffs argued the tweet cost Tesla shareholders $12 billion in capital lo

Research context

Story significance and character appearances provide collecting context. An issue’s edition, condition, graded population and completed-sale evidence determine which market comparisons apply.

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