Fri, May 6th, 2022 - 4:11pm
February 06, 2023 - 7:42am | By Kyle Cornell
(Sacramento, CA) -- Elon Musk is being found not liable for costing investors millions when he made claims about privatizing his electric vehicles.
Musk previously issued a series of tweets telling people he'd "secured" funding to turn Tesla into a privately traded company.
Three weeks later, Musk scrapped the proposal, but fluctuating share prices during the ordeal cost investors millions, if not billions, of dollars.
On Friday, a California jury ruled Musk was not liable for investors losing money.