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‘Teflon’ Elon Wins Again as Jury Rejects Tweet Fraud Claims

  • Jury finds Musk didn’t mislead public on taking Tesla private
  • Tesla shareholders had sought billions of dollars in damages
Elon Musk departs court in San Francisco, California, US, on Feb. 3.

Elon Musk departs court in San Francisco, California, US, on Feb. 3.

Photographer: Benjamin Fanjoy/Bloomberg
Updated on

Elon Musk proved once again that he’s difficult to beat in court.

On Friday, a federal jury in San Francisco took just two hours to clear the Tesla Inc. chief executive officer of claims by investors that he defrauded them when he tweeted 4 1/2 years ago that he was considering taking the company private and had “funding secured” to make the deal happen.