【porn video | Adult Movies Online】
The porn video | Adult Movies Onlinefollowing bad tweet did not, according to a jury in San Francisco on Friday, constitute fraud:
This Tweet is currently unavailable. It might be loading or has been removed.
Elon Musk's famous "funding secured" tweet was, however, thought to constitute fraud by the Securities and Exchange Commission back in 2018. That agency charged Musk with fraud, in the months after he tweeted it, saying he knew any such transaction was much less certain than he was letting on, that he "had not discussed specific deal terms, including price, with any potential financing partners."
In short, the SEC thought he was lying, sued him, and Musk settled that fraud lawsuit by stepping down as Tesla's chairman and paying $40 million.
You May Also Like
In this latest trial, however, things went his way.
SEE ALSO: Elon Musk locked his Twitter account and went private. Here's why.This suit, which also included Tesla and the Tesla board of directors as defendants, had been brought by Tesla Investors, arguing that Musk had injured them financially by giving the false impression that the car company’s stock price would soar to $420 per share in the course of going private.
The market seemingly reacted to the tweet, sending Tesla shares up 11 percent the day he tweeted it, but not to $420 — just $387.46. Then, Tesla stock promptly plunged to around $262 about a month later, around the time Musk went on the Joe Rogan Experience and smoked weed on camera. This drop no doubt resulted in great pain for shareholders, but that pain wasn't the result of fraud on Musk's part, according to the jury.
Over three weeks, Tesla and Musk argued that the "funding secured" tweet was actually true, and, for good measure, that the $420 a share thing wasn’t a weed joke, and just happened to be Musk’s best guess as to how the transaction would shake out.
An anonymous male juror stuck around after the trial and explained why the jury accepted Musk's version of events, telling the New York Times, "There was nothing there to give me an ‘aha’ moment," and that "Elon Musk is a guy who could sneeze and the stock market could react.
One interesting new detail from the latest proceedings is that we now know Musk did at least talk to one potential financing partner about financing the transaction: the Saudi sovereign wealth fund. Lawyers for the plaintiffs said the meeting minutes from Musk's interaction with that group showed they weren't fully on board, and still wanted to know more.
Also, Musk said in order to complete the transaction, he would have done something similar to what he did to buy Twitter: leverage shares of another company he owns a large stake in: in this case, SpaceX.
Topics Tesla Elon Musk
Search
Categories
Latest Posts
U.N. confirms the ocean is screwed
2025-06-26 10:04Wordle today: The answer and hints for January 8, 2025
2025-06-26 08:24CES 2025: Hands
2025-06-26 08:11NYT mini crossword answers for January 8, 2025
2025-06-26 07:41Is it 'Thunderbolts*' or *The New Avengers'?
2025-06-26 07:36Popular Posts
CES 2025: How to buy Birdfy Bath Pro
2025-06-26 09:37The 6 most WTF robots at CES 2025
2025-06-26 08:48Samsung Galaxy reserve deal: Get a $50 credit, big trade
2025-06-26 08:27AMD Radeon RX 550 + Intel Pentium G4560
2025-06-26 07:59Featured Posts
Watch how an old Venus spacecraft tumbled before crashing to Earth
2025-06-26 10:08CES 2025: Nvidia Blackwell RTX 50
2025-06-26 10:03Best free online courses from MIT
2025-06-26 09:10Exceptionally rare radio sources detected in the distant universe
2025-06-26 07:36Popular Articles
Best iPad deal: Save $132 on Apple iPad (10th Gen)
2025-06-26 09:55Mary Shows Up
2025-06-26 07:25Newsletter
Subscribe to our newsletter for the latest updates.
Comments (641)
Ignition Information Network
SpaceX's Starlink will provide free satellite internet to families in Texas school district
2025-06-26 09:28Belief Information Network
VPN deals: Save on the best VPNs, including TunnelBear, NordVPN, and ExpressVPN.
2025-06-26 09:05Style Information Network
Hands on with Lenovo's 'rollable' display laptop at CES 2025
2025-06-26 08:33Happy Information Network
CES 2025: Dreame's X50 Ultra can climb stairs. Kind of.
2025-06-26 08:21Habit Information Network
NYT Connections hints and answers for May 10: Tips to solve 'Connections' #699.
2025-06-26 08:03