Tesla board directors testify Elon Musk’s 2018 ‘funding secured’ tweet consistent with deal talks

Tesla board directors testify Elon Musk’s 2018 ‘funding secured’ tweet consistent with deal talks

Tesla (TSLA) board members testified on Wednesday that Elon Musk’s 2018 Twitter posts about taking the electric-vehicle company private were consistent with what he related to the board about a potential take-private deal.

Outside director James Murdoch, son of film and television titan Rupert Murdoch, took the stand among other former or current board members.

The testimony is part of the class-action trial brought by company shareholders who contend they traded Tesla shares to their…


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