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The Independent UK
The Independent UK
National
Michael Liedtke

Elon Musk takes witness stand to defend Tesla buyout tweets

Copyright 2023 The Associated Press. All rights reserved

Elon Musk was summoned to court Friday to defend a 2018 tweet claiming he had lined up the financing to take Tesla private in a deal that never came close to happening.

The tweet resulted in a $40 million settlement with securities regulators. It also led to a class-action lawsuit alleging he misled investors, pulling him into court Friday.

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