The jury has given their verdict on the lawsuit filed by Tesla shareholders that claimed Tesla CEO Elon Musk misled shareholders with his infamous 2018 tweet that said he'd secured funding to take Tesla private. The lawsuit pushed for Musk to pay potentially billions of dollars for any damages caused to shareholders during this period. This point was argued by Nicholas Porritt, a lawyer representing Tesla shareholders, "Apparently a $60 billion financing commitment was obtained and no one wrote down a single word." According to reports, the jury has not found Elon Musk liable for any damages caused by his 2018 tweets. Musk didn't appear in the courtroom for the reading of the verdict, but his lawyer Alex Spiro was present.

Source: ABC News February 04, 2023 10:34 UTC