This group of investors accuses Elon Musk of making them lose money with this tweet which made the group’s action falter for a few days. In a verdict published on Saturday, the presiding judge ordered him not to reconsider his position. “safe money” removing the group from the Stock Exchange for $ 420 per share, as he did again this week during the meeting. For his part, Elon Musk has been making sure that at the time he was in talks with Saudi Arabia’s independence fund and that he was confident of the outcome of these talks. However, no plan has ever been announced.
According to a document issued by the complainants, the judge recently concluded, in a partial decision that was not published, that. “These allegations of Musk were false and misleading and that Musk made these false statements carelessly and with full understanding of the facts which he misrepresented in his tweets.“They believe Tesla CEO has started a public campaign “submitting a counter-intuitive version” of the tweet being discussed, which could persuade participants in a case expected to take place in May.