Elon Musk tested in court on Friday in a trial that may decide whether a tweet he sent in 2018 cost Tesla investors millions of dollars.
Tesla shareholders are suing the company to recover losses they say they suffered amid Musk’s claim that he had “secured” money to take the company private at $420 per share.
Musk told an attorney representing Tesla shareholders Friday that his tweets were truthful, if limited by the social media platform’s character count.
Musk also argued that Tesla’s stock price has not always shown as one might expect in regard to his tweets, noting that