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Asharq Al-Awsat
Asharq Al-Awsat
Technology
Asharq Al-Awsat

Elon Musk Takes Stand in Tesla Tweet Fraud Trial

Elon Musk Tesla Inc. Glen Littleton Guhan Subramanian Nicholas Porritt California
Elon Musk. Credit: AFP Photo

Tesla CEO Elon Musk took the stand in a California fraud trial on Friday, accused of lying in tweets about taking the auto company private, punishing investors.

Musk was called to testify by lawyers for angry investors who accuse him of costing them millions of dollars in 2018 with untrue tweets about having funding secured to buy out shareholders at $420 a share, AFP said.

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