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Fortune
Fortune
Kylie Robison

Elon Musk: 420 is not a joke

(Credit: Jason Kempin/Getty Images)

Tesla CEO Elon Musk's history of tweets is full of jokes and wisecracks, often with sexual or drug-related innuendos. But according to Musk, an infamous 2018 tweet referring to a $420 stock price—a reference to marijuana—was the result of mathematical coincidence and not an attempt at humor.

Musk took the witness stand on Monday in a securities fraud trial involving his 2018 claim that he had "Funding Secured" to take Tesla private at $420 a share, even though no such deal materialized and Tesla remains a publicly traded company.

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