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Elon Musk: Tweets about taking Tesla private weren't fraud

Elon Musk: Tweets about taking Tesla private weren't fraud
It's more Elon musk 온라인 바카라 게임. *** judge today hearing the Tesla Ceo's request to move his upcoming jury trial from California to texas. The case stemming from concerns that he manipulated Tesla stock in 2018 when he tweeted he was thinking of taking the company private and had the funding to make it happen. Well, *** judge last year ruling that must knowingly tweeted false information and the trial will determine whether shareholders took must tweet into account and whether it affected Tesla's stock price. That trial is on the calendar for next week.
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Elon Musk: Tweets about taking Tesla private weren't fraud
Elon Musk returned to federal court Monday in San Francisco, testifying that he believed he had locked up financial backing to take Tesla private during 2018 meetings with representatives from Saudi Arabia바카라 게임 웹사이트s Public Investment Fund 바카라 게임 웹사이트 although no specific funding amount or price was discussed.The 51-year-old billionaire Tesla CEO and Twitter owner is facing a class action lawsuit filed by Tesla investors alleging he misled them with a tweet saying funding was secured to take his electric car company private 바카라 게임 웹사이트 for $420 per share.But the deal never came close to happening, and the tweet resulted in a $40 million settlement with securities regulators.The trial hinges on the question of whether a pair of tweets that Musk posted on Aug. 7, 2018, damaged Tesla shareholders during a 10-day period leading up to Musk's admission that the buyout he had envisioned wasn바카라 게임 웹사이트t going to happen.Related video below: Twitter poll closes with users voting for Musk's exit as chiefSpeaking in a soft halting tone, Musk said Monday he 바카라 게임 웹사이트had trouble sleeping last night and unfortunately I am not at my best.바카라 게임 웹사이트 He added that it was important for jurors to know that he 바카라 게임 웹사이트felt that funding was secured바카라 게임 웹사이트 due to his ownership of 바카라 게임 웹사이트SpaceX stock alone."바카라 게임 웹사이트Just as I sold stock in Tesla to buy Twitter. ... I didn't want to sell Tesla stock but I did sell Tesla stock,바카라 게임 웹사이트 he said of the sale to make up for lack of funding from other sources for his $44 billion deal to take Twitter private. Musk sold nearly $23 billion worth of his car company바카라 게임 웹사이트s shares between last April, when he started building a position in Twitter, and December.바카라 게임 웹사이트My SpaceX shares alone would have meant that funding was secured,바카라 게임 웹사이트 Musk said of the 2018 tweets.Even before Musk first took the stand on Friday, U.S. District Judge Edward Chen had declared that jurors can consider those two tweets to be false, leaving them to decide whether Musk deliberately deceived investors and whether his statements saddled them with losses.Musk has previously contended he entered into the Securities and Exchange Commission settlement under duress and maintained he believed he had locked up financial backing for a Tesla buyout during meetings with representatives from Saudi Arabia바카라 게임 웹사이트s Public Investment Fund. Video below: Elon Musk sells $3.6B of Tesla sharesAt a July 31, 2018 meeting, the Saudi Public Investment Fund바카라 게임 웹사이트s Yasir Al-Rumayyan 바카라 게임 웹사이트confirmed unequivocally that they would support Tesla going private. That was part of what 바카라 게임 웹사이트funding secure바카라 게임 웹사이트 meant,바카라 게임 웹사이트 Musk said Monday. 바카라 게임 웹사이트But in addition there was SpaceX stock, which could also be used.바카라 게임 웹사이트In the first of the 2018 tweets, Musk stated 바카라 게임 웹사이트funding secured바카라 게임 웹사이트 for what would have been a $72 billion 바카라 게임 웹사이트 or $420 per share 바카라 게임 웹사이트 buyout of Tesla at a time when the electric automaker was still grappling with production problems and was worth far less than it is now. Musk followed up a few hours later with another tweet suggesting a deal was imminent.Nicholas Porritt, a lawyer representing Tesla shareholders, asked Musk if he 바카라 게임 웹사이트went with 420 because it was a joke your girlfriend enjoys.바카라 게임 웹사이트 Musk replied he thinks there is 바카라 게임 웹사이트some karma바카라 게임 웹사이트 around the number 420 바카라 게임 웹사이트 which is also a slang reference to marijuana 바카라 게임 웹사이트 although he added he doesn't know 바카라 게임 웹사이트if it's good karma or bad karma at this point.바카라 게임 웹사이트He then said the number was a "coincidence" and it represented a 20% premium of Tesla's share price at the time.After it became apparent that the money wasn바카라 게임 웹사이트t in place to take Tesla private, Musk stepped down as Tesla바카라 게임 웹사이트s chairman while remaining CEO as part of the SEC settlement, without acknowledging wrongdoing.On Friday, Musk had testified he thinks it is possible to be 바카라 게임 웹사이트absolutely truthful바카라 게임 웹사이트 on Twitter. "But can you be comprehensive? Of course not.바카라 게임 웹사이트On Monday, he again emphasized: 바카라 게임 웹사이트My tweet was truthful, absolutely truthful."Asked by his lawyer, Alex Spiro, if he understood the charges against him, Musk said he's being "accused of fraud. It바카라 게임 웹사이트s outrageous.바카라 게임 웹사이트Shares of Tesla climbed $8.76. or 6.6%, to $142.18 on Monday. He said he never deceived investors.바카라 게임 웹사이트AP Technology Writer Matt O'Brien contributed to this story.

Elon Musk returned to federal court Monday in San Francisco, testifying that he believed he had locked up financial backing to take Tesla private during 2018 meetings with representatives from Saudi Arabia바카라 게임 웹사이트s Public Investment Fund 바카라 게임 웹사이트 although no specific funding amount or price was discussed.

The 51-year-old billionaire Tesla CEO and Twitter owner is facing a class action lawsuit filed by Tesla investors alleging he misled them with a tweet saying funding was secured to take his electric car company private 바카라 게임 웹사이트 for $420 per share.

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But the deal never came close to happening, and the tweet resulted in a $40 million settlement with securities regulators.

The trial hinges on the question of whether a pair of tweets that Musk posted on Aug. 7, 2018, damaged Tesla shareholders during a 10-day period leading up to Musk's admission that the buyout he had envisioned wasn바카라 게임 웹사이트t going to happen.

Related video below: Twitter poll closes with users voting for Musk's exit as chief

Speaking in a soft halting tone, Musk said Monday he 바카라 게임 웹사이트had trouble sleeping last night and unfortunately I am not at my best.바카라 게임 웹사이트 He added that it was important for jurors to know that he 바카라 게임 웹사이트felt that funding was secured바카라 게임 웹사이트 due to his ownership of 바카라 게임 웹사이트SpaceX stock alone."

바카라 게임 웹사이트Just as I sold stock in Tesla to buy Twitter. ... I didn't want to sell Tesla stock but I did sell Tesla stock,바카라 게임 웹사이트 he said of the sale to make up for lack of funding from other sources for his $44 billion deal to take Twitter private. Musk sold nearly $23 billion worth of his car company바카라 게임 웹사이트s shares between last April, when he started building a position in Twitter, and December.

바카라 게임 웹사이트My SpaceX shares alone would have meant that funding was secured,바카라 게임 웹사이트 Musk said of the 2018 tweets.

Even before Musk first took the stand on Friday, U.S. District Judge Edward Chen had declared that jurors can consider those two tweets to be false, leaving them to decide whether Musk deliberately deceived investors and whether his statements saddled them with losses.

Musk has previously contended he entered into the Securities and Exchange Commission settlement under duress and maintained he believed he had locked up financial backing for a Tesla buyout during meetings with representatives from Saudi Arabia바카라 게임 웹사이트s Public Investment Fund.

Video below: Elon Musk sells $3.6B of Tesla shares


At a July 31, 2018 meeting, the Saudi Public Investment Fund바카라 게임 웹사이트s Yasir Al-Rumayyan 바카라 게임 웹사이트confirmed unequivocally that they would support Tesla going private. That was part of what 바카라 게임 웹사이트funding secure바카라 게임 웹사이트 meant,바카라 게임 웹사이트 Musk said Monday. 바카라 게임 웹사이트But in addition there was SpaceX stock, which could also be used.바카라 게임 웹사이트

In the first of the 2018 tweets, Musk stated 바카라 게임 웹사이트funding secured바카라 게임 웹사이트 for what would have been a $72 billion 바카라 게임 웹사이트 or $420 per share 바카라 게임 웹사이트 buyout of Tesla at a time when the electric automaker was still grappling with production problems and was worth far less than it is now. Musk followed up a few hours later with another tweet suggesting a deal was imminent.

Nicholas Porritt, a lawyer representing Tesla shareholders, asked Musk if he 바카라 게임 웹사이트went with 420 because it was a joke your girlfriend enjoys.바카라 게임 웹사이트 Musk replied he thinks there is 바카라 게임 웹사이트some karma바카라 게임 웹사이트 around the number 420 바카라 게임 웹사이트 which is also a slang reference to marijuana 바카라 게임 웹사이트 although he added he doesn't know 바카라 게임 웹사이트if it's good karma or bad karma at this point.바카라 게임 웹사이트

He then said the number was a "coincidence" and it represented a 20% premium of Tesla's share price at the time.

After it became apparent that the money wasn바카라 게임 웹사이트t in place to take Tesla private, Musk stepped down as Tesla바카라 게임 웹사이트s chairman while remaining CEO as part of the SEC settlement, without acknowledging wrongdoing.

On Friday, Musk had testified he thinks it is possible to be 바카라 게임 웹사이트absolutely truthful바카라 게임 웹사이트 on Twitter. "But can you be comprehensive? Of course not.바카라 게임 웹사이트

On Monday, he again emphasized: 바카라 게임 웹사이트My tweet was truthful, absolutely truthful."

Asked by his lawyer, Alex Spiro, if he understood the charges against him, Musk said he's being "accused of fraud. It바카라 게임 웹사이트s outrageous.바카라 게임 웹사이트

Shares of Tesla climbed $8.76. or 6.6%, to $142.18 on Monday. He said he never deceived investors.

바카라 게임 웹사이트

AP Technology Writer Matt O'Brien contributed to this story.