Lawsuits accuse Tesla’s Musk of fraud over tweets, going-private proposal

August 11, 2018 admin Business News Comments Off on Lawsuits accuse Tesla’s Musk of fraud over tweets, going-private proposal

Tesla Inc and Chief Executive Elon Musk were sued twice on Friday by investors who said they fraudulently engineered a scheme to squeeze short-sellers, including through Musk’s proposal to take the electric car company private.

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Source:: Reuters – Business News