Verdict
:
right to deliberation
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Elon Musk in Washington at the end of January.
(Photo: JONATHAN ERNST/REUTERS)
Elon Musk is not responsible for the fact that investors who bet on falling Tesla stock prices after a tweet lost a lot of money. It’s important that the jury made that decision.
From
Jurgen Schmieder, Los Angeles
Elon Musk is not responsible for the fact that investors who, after his August 7, 2018 tweet (“Considering taking Tesla public for $420. Funding secured.”) hoped for massive profits and lost a lot of money. That’s what the nine jurors of the civil trial in San Francisco decided on Friday. If Musk were convicted, he would have had to pay billions of dollars in damages.
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