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Emily Olson

Here's what's at stake in Elon Musk's Tesla tweet trial

Elon Musk Tesla Inc. SEC Twitter Inc. Edward Chen

Tesla CEO Elon Musk, pictured here at a German factory in March 2022, faces a trial this week over his series of 2018 tweets teasing a Tesla buyout that never materialized. (Patrick Pleul/AFP via Getty Images)

In 2018, before Elon Musk was making headlines for his role in running Twitter, he was making headlines for another Twitter-related controversy: allegedly using the platform to commit fraud.

Back then, a series of tweets about a possible $72-billion Tesla buyout that never materialized got Musk, the electric vehicle maker's CEO, in trouble with the U.S. Securities and Exchange Commission. The SEC said the billionaire knew a deal wasn't on the horizon.

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