Tesla, Musk must face shareholder lawsuit over going-private tweet

April 15, 2020 admin Business News Comments Off on Tesla, Musk must face shareholder lawsuit over going-private tweet

A federal judge said Tesla Inc and Chief Executive Elon Musk must face a lawsuit claiming they misled shareholders when Musk tweeted that he had secured funding to take his electric car company private in a $72 billion transaction.

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Source:: Reuters – Business News