Musk to jury: Just because I tweet something, doesn't mean people believe it

Tesla CEO Elon Musk testifies during a securities-fraud trial in San Francisco, California, US on Jan 20, 2023 in this courtroom sketch.SAN FRANCISCO — Elon Musk, Tesla Inc's chief executive, testified on Friday that investors do not always react to his Twitter messages as he expects, defending himself in a fraud trial over his 2018 tweet that he had funding to take the electric carmaker private.

Musk testified for less than 30 minutes before court adjourned until Monday and he was not asked about his 2018 tweet that he was considering taking Tesla private and that he had "funding secured." Musk, wearing a dark suit over a white button-down shirt, spoke softly and in a sometimes bemused manner, a contrast to his occasional combative testimony in past trials.

Earlier on Friday, Tesla investor Timothy Fries told the jury that he lost US$5,000 buying Tesla stock after Musk sent the tweet, which sparked volatile swings in Tesla's stock.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Climate misinformation 'rocket boosters' on Musk's TwitterWASHINGTON: Search for the word “climate” on Twitter and the first automatic recommendation is not “climate crisis” or “climate jobs” or even “climate change”, but instead “climate scam”. Clicking on the recommendation yields dozens of posts denying the reality of climate change and mak Oh F**K off CNAKNN - Crimes against Humanity! I hope I will see the day when by can Washington Post will be referred to as “Bezos’ post” and mainstream media as “Murdocks news”
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »