Panel Profits
PANEL PROFITS·
UTC LIVE TIME
DEAL RADAR
MARKET CLOCKS
HOME OFFICEHOME OFFICE--:--
NYSENew York--:--
LSELondon--:--
JPX / NIKKEITokyo--:--
DFM / ADXDubai--:--
WORLD / UTC--:--
PPPanel Profits WikiThe comic research libraryOpen Sniper ↗

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

Financial Concepts

Definition

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

In Panel Profits

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.

Common mistakes

Do not infer unobserved prices.