U.S. jury finds Tesla and Musk not liable in case over take-private tweet
Reuters | Updated: 04-02-2023 04:30 IST | Created: 04-02-2023 04:30 IST
A U.S. jury on Friday found Tesla Inc and CEO Elon Musk not liable in a securities fraud case over a tweet that he had lined up funding to take the electric car company private.
Plaintiffs have claimed billions in damages and the decision also had been seen as important for Musk himself, who has aggressively fought any charges that he was guilty and defended his ability to tweet broadly.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
U.S. targets 'shadow banking' network helping Iran evade sanctions
China, Hong Kong stocks fall as recovery doubts, U.S. data curb risk appetite
Euro zone bonds rally as U.S. bank jitters lifts safe havens
UK stocks slide as banks sink, U.S. payrolls awaited
FEATURE-U.S. landowners in privacy fight with govt surveillance cameras