Jury Acquits Tesla and Musk of Securities Fraud for 2018 Tweets Regarding Going Private

Reported by Angela Berkowitz, Brendan Blake, Benjamin Halper, Jennifer Burns Luz, Jonathan Shapiro, and Marco Wong On February 3, 2023, in the matter In re Tesla Inc. Securities Litigation, Case No. 3:18-cv-04865, a California federal jury cleared Tesla, Inc. (Tesla), and CEO Elon Musk of claims that they committed securities fraud, causing investors to suffer losses […]