Musk: Wisdom of people has prevailed

Saturday, 04. February 2023 02:59

Tesla Inc. CEO Elon Musk praised the decision by a jury in the United States in a trial in which he was accused of committing securities fraud. The class-action lawsuit relates to the 2018 incident in which Musk claimed he secured backing to take Tesla private for $420 per share.

"Thank goodness, the wisdom of the people has prevailed! I am deeply appreciative of the jury’s unanimous finding of innocence in the Tesla 420 take-private case," Musk tweeted.

Related Links: Tesla Inc.
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