A jury has found Elon Musk liable for misleading investors by deliberately driving down Twitter’s stock price in the tumultuous months leading up to his 2022 acquisition of the social media company for $44 billion. But it absolved him of some fraud allegations, finding that he did not “scheme” to mislead investors.

  • wewbull@feddit.uk
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    2 days ago

    I don’t know how much he has liquid. The article says that “most” of his 814B is tied up in Tesla stock. Selling a couple of billion worth of stock isn’t trivial.