Markets
Technology
Musk Admits Twitter Posts Were ‘Not My Wisest’ in Securities Fraud Trial
The billionaire testified in San Francisco that his 2022 tweets about the Twitter acquisition may have been his 'stupidest,' as shareholders allege he manipulated the stock to secure a better deal.
Markets
Technology
Musk Takes Stand in Twitter Stock Manipulation Trial as Investors Claim $44 Billion Deal Fraud
Tesla CEO testifies Wednesday in San Francisco federal court where shareholders accuse him of deliberately tanking Twitter's share price through false statements about bots and deal uncertainty.
Markets
Technology
Musk Faces Trial Over Claims He Manipulated Twitter Stock During $44B Takeover
Former Twitter shareholders allege billionaire's bot concerns were pretense to drive down share price, setting up precedent-defining test of M&A conduct.