Warring Investors Squabble In Suit Over Elon Musk’s Tweets

Elon Musk

Photographer: Patrick T. Fallon/Bloomberg
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The uproar over Elon Musk’s August tweets about taking Tesla Inc. private has come to this: The investors suing to recoup hundreds of millions of dollars in losses have tied their case up in knots in a squabble over who should lead the litigation.

The judge caught in the middle spoke up Tuesday to explain why he chose a group of shareholders whose investments include both long and short positions over another group that held only long positions but claims to have incurred slightly larger total losses.