Elon Musk took a victory lap after a jury ruled in his favor Friday in a Tesla investor lawsuit that could have cost him billions of dollars.
A San Francisco jury said that Musk didnt deceive investors when he tweeted in 2018 that he had funding secured to take Tesla private. The investors had claimed theyd lost billions because they had believed that Musk was about to pay a premium for Teslas shares when, in fact, he never had the outside financing to do so.
Thank goodness, the wisdom of the people has prevailed! I am deeply appreciative of the jurys unanimous finding of innocence in the Tesla 420 take-private case, Musk tweeted, referring to the share price he purportedly was willing to pay in the deal and a number that also doubled as a marijuana joke.
Musk, who has since acquired Twitter and spends much of his day on the service musing about whatever crosses his mind, continued his celebratory tweeting on Friday by responding to a fellow Twitter user. She had expressed shock that a jury in San Francisco, home to a communist school board, would side with Musk and that it showed the city had some hope if the woke mind virus was eliminateda topic right in Musks increasingly conservative wheelhouse.
Youre right, Musk told her before moving on to other topics.
Learn how to navigate and strengthen trust in your business with The Trust Factor, a weekly newsletter examining what leaders need to succeed. Sign up here.
