An ex-Tesla director described Musk in court as 'the Michael Jordan of fundraising.'
However, Musk's self-assurance about securing financial support has landed him in court, AP reported.tweeting
in 2018 that he had"funding secured" to take the company private at $420 a share. But the deal never went through. Recently in court, Musk testified that he had"no ill motive" and his"intent was to do the right thing for all shareholders," AP reported. Musk"I sold Tesla stock to complete the Twitter transaction. And I would have done the same here," Musk said,Former Tesla director Antonio Gracias, recently testified that Musk was"the Michael Jordan of fundraising," in reference to him potentially being able to fund a buyout, AP reported.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tesla chair testifies she would have quit if Musk had lied in 2018 tweetsTesla CEO Elon Musk told jury funding was not an issue to take company private
Read more »
I was obsessed with my Tesla but Elon Musk convinced me I'd rather drive an electric Mercedes-Benz | Business InsiderChristine Orita got her first Tesla in 2013. Elon Musk's conservative views and promises about self-driving tech pushed her to ditch the brand.
Read more »
MICHAEL AVERY: The high cost of state failureSigns of state failure are writ large everywhere apart from Western Cape
Read more »
MICHAEL SCHMIDT: Murder of human rights lawyer latest in Eswatini’s secret warOpponents of the king suspect his forces’ hand behind Thulani Maseko's assassination
Read more »
MICHAEL MORRIS: ANC scandalously sustains apartheid legacy of racial lawsNo fewer than 116 of 313 racial acts of parliament that started in 1911 have been adopted since 1994, and 132 are still operative
Read more »