Hyperdrive
Musk to Judge in Go-Private Tweet Fight: Don’t Muzzle Me
- Billionaire says investors want to trample his free speech
- Billions are at stake in fraud trial over infamous 2018 tweet
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Tesla Inc. chief executive officer Elon Musk told a judge he shouldn’t be prohibited from talking about his fight with the U.S. Securities and Exchange Commission, as shareholders suing him have requested.
It’s the latest volley in a lawsuit by shareholders alleging that Musk’s 2018 tweet about taking the company private manipulated its stock price and defrauded them. Last week, the investors won a key ruling in the run-up to a San Francisco fraud trial set for January with billions of dollars in damages at stake.