Elon Musk stated he might've offered his SpaceX shares to take Tesla personal when he took the witness stand once more to defend his 2018 "funding secured" tweets in a lawsuit filed by the automaker's shareholders. According to CNBC, Musk proclaimed: "SpaceX stock alone meant 'funding secured' by itself. It's not that I want to sell SpaceX stock but I could have, and if you look at the Twitter transaction — that is what I did. I sold Tesla stock to complete the Twitter transaction. And I would have done the same here." He didn't say what number of of his shares he'd need to promote, nevertheless, to have the ability to fund the transaction.
The plaintiffs' lawsuit relies on Musk's notorious 2018 tweets wherein he stated he was "considering taking Tesla private at $420." He even stated that he already had "[f]unding secured." Musk first took the stand for this specific case final week to defend himself in opposition to the plaintiffs' accusations that the tweets he made value them important monetary losses. Tesla's…
2023-01-24 00:49:33
Source from www.engadget.com