Elon Musk said he ‘had no ill motive’ when he sent the tweets in 2018 about Tesla.
Elon Musk could have been forced to pay billions of dollars in damages if the jury decided against him The verdict was reached after less that two hours of deliberation following a three-week trial and represents a major vindication for the billionaire.
There were legal worries the tweets could have misled Tesla shareholders, steering them in a direction that they argue cost them billions of dollars. Nicholas Porritt, a lawyer for the Tesla shareholders, urged the jurors to rebuke Mr Musk for his ‘loose relationship with the truth’.His second implied the deal was imminent
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