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Elon Musk Fraud over Tesla tweet

The US Securities and Exchange Commission (SEC) sued Mr Musk over his tweets, accusing him of lying to investors. Mr Musk agreed to step aside as Tesla board chairman and settled for $20m. Tesla co-founder Elon Musk has been cleared of wrongdoing for a tweet in which he said he had “funding secured” to take the electric carmaker back into private ownership. It took the nine jurors less than two hours to reach their verdict on the class-action lawsuit on Friday afternoon. Shareholders argued he misled them with his posts in August 2018, and they had lost billions of dollars because of them. what is your thoughts about the court verdict ?

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