Elon Musk is theoretically irritated that Tesla investors lost money as a result of his remarks

Elon Musk is theoretically irritated that Tesla investors lost money as a result of his remarks ...

Elon Musk gave evidence on the third day of testimony in a lawsuit filed by a group of Tesla investors. The plaintiffs claim that Musk's 2018 Twitter posts about Tesla's possible privatization cost them millions of dollars. During his address, Musk came close to expressing his sadness over the financial losses suffered by Tesla investors as a result of his statements.

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Musk retaliated when asked by plaintiffs' attorney Nicholas Porritt if he regretted the harm caused by his tweets. Porritt and his law firm were both offended.

Judge Edward Chen of the District Court rebuked the use of this phrase.

Musk has continued:

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Musk attempted to imply that "Tesla is worth ten times more today" than it was in 2018, despite a court order to refrain from making any comments about the company's current value. Chen cautioned him that it was against the rules.

The jury will be asked whether or not Musk is to blame for potentially billions in damages to Tesla investors as part of the trial. If he loses, Musk might be held liable for billions of dollars in damages.

Elon Musk announced on Twitter that he wants to turn Tesla into a private corporation, rather than a private conversation with the largest of the investors. Musk initially said he planned to quit, but later it emerged that negotiations with the Saudi sovereign wealth fund are ongoing.

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