Billionaire Musk Defends Twitter Posts, Dismisses Investor Concerns
Elon Musk takes the stand, argues his tweets did not mislead investors ahead of his $44 billion Twitter acquisition. Musk says 'people read too much' into his social media activity.
Elon Musk, the renowned billionaire and CEO of Tesla, has taken the stand in a high-profile trial where he is accused of misleading investors in the run-up to his $44 billion Twitter acquisition. During his testimony, Musk has made a bold statement, claiming that people read too much into his social media posts.
The case centers around Musk's infamous tweet in August 2018, where he claimed he was considering taking Tesla private at $420 per share and had secured the necessary funding. This tweet sent shockwaves through the financial world and triggered a Securities and Exchange Commission (SEC) investigation, which ultimately resulted in Musk stepping down as Tesla's chairman and paying a $20 million fine.
{{IMAGE_PLACEHOLDER}}来源: BBC News
