A high-profile trial focused on a 2018 tweet about the financing for a Tesla buyout that never happened drew a surprise spectator Friday - Elon Musk, the billionaire accused of misleading investors with his usage of the Twitter service he now owns.
Musk, the CEO of both Tesla and Twitter, strode into the San Francisco federal courtroom moments before closing arguments from the opposing attorney in the case were scheduled to begin and took a seat alongside his legal team. Like everyone else in the courtroom, he was wearing a mask, as required by U.S. District Judge Edward Chen, but briefly dropped it as he chuckled and whispered something to one of his lawyers.
Elon Musk has just walked into the courtroom where closing arguments are about to be heard in the trial over his $420"funding secured" tweets in 2018.Although an August 7, 2018 tweet disclosing he had"funding secured"is at the center of the trial, Musk wasn't required to show up for Friday's proceedings.
Those 2018 tweets already have cost Musk and Tesla $40 million to settle Securities and Exchange Commission allegations of misconduct. Chen had decided last year that Musk's 2018 tweets were false and has instructed the jury to view them that way.
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