Tesla, Elon Musk face trial in shareholder case over his 2018 tweets

The shareholders have not specified the damages, but said Musk\u0027s tweets cost investors \u0022billions.\u0022

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Musk had asked U.S. District Court Judge Edward Chen to move the case to Texas, arguing too many potential jurors are biased against him because of negative local media coverage of layoffs at Twitter, which he took over in October.Investors sued in August 2018, shortly after Musk posted on Twitter that he was considering taking Tesla private at $420 per share. “Funding secured,” he said.

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