Musk beats fraud charges; jury rejects investor claims in “funding secured” case

Enlarge / Elon Musk leaves court in San Francisco on Friday, February 3, 2023.Getty Images | Bloomberg

Update at 6:15 pm ET: The jury sided with Elon Musk in a ruling issued about two hours after closing arguments on Friday.

“A jury rejected investor claims that Elon Musk violated federal securities law when he tweeted in 2018 about potentially taking Tesla private, handing a major win to the billionaire chief executive,” The Wall Street Journal reported. “The nine-person jury said the investors who brought the class-action case failed to prove that Mr. Musk hurt them by tweeting about a possible

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