Elon Musk Says He Had Saudi “Support” to Take Tesla Private

Published by
The Street

By Luc Olinga Tesla CEO is responding to a class action lawsuit from shareholders claiming to be wronged by the billionaire’s tweets on Aug. 7, 2018. Elon Musk does not budge. The billionaire is sticking to his position in the Tweetgate affair, which has already cost him and Tesla (TSLA) – Get Tesla Inc Report a $40 million fine from the SEC. He said, in an update of court documents filed by his lawyers in a California court, that he was neither disingenuous nor in bad faith with respect to investors. “Plaintiff has litigated this case for nearly three years, taken numerous depositions, receiv…

Read More

Advertisment

Recent News