Tesla Tweet Trial Exposes Elon Musk's "Mysterious Ways," Persuasive Reports Suggest

Currently, Elon Musk is being tried for a previous contentious tweet that suggested a Tesla buyout. And now that Musk has testified in the trial in a San Francisco federal courtroom, his "strange methods" are apparently catching the attention of the public. According to a recent report, the tech billionaire is now being accused of manipulating the shares of his electric vehicle manufacturer, Tesla, in a new shareholder class action case. The stock price of the EV manufacturer has been erratic weeks after publishing that, experiencing all-time highs and incredibly low pricing. This time, the class action lawsuit wants to know if the massive all-electric car manufacturer's stock price was impacted by the 2018 tweet. [caption id="" align="aligncenter" width="1600"] Image credit- ABC News[/caption] Elon Musk claims he was supposed to sell SpaceX in order to secure funding for Tesla in 2018. As reported by Associated Press News, the CEO of Tesla admitted during his trial evidence that obtaining finance is "quite easy for him." The Tesla CEO boasted in his statement that "my track record is extremely good, so it is quite easy for me to acquire investment support." During the trial, Musk also states that "Every time we've raised money, the price has gone up. Investors have profited greatly as a result." The software entrepreneur also thinks he has the "greatest track record" with investors on top of all that. According to reports, Musk met with Saudi Arabia's Sovereign Wealth Fund representatives in 2018. Then he informed the board of the electric vehicle manufacturer of his desire to take Tesla private at a price higher than the value of its stock. The billionaire wants to raise $420 per share in fundraising. The Associated Press reported that on August 7, 2018, Musk tweeted that he had "financing secured" for going private with Tesla. [caption id="" align="aligncenter" width="750"] Image credit- kdhnews.com[/caption] In his evidence, Musk claimed that when he sent the tweet in 2018, he had "no ulterior motivation." The businessman clarifies that his "goal was to do the right thing for all shareholders" instead. Furthermore, according to reports, the evidence, the testimony of the tech entrepreneur, and the testimony of witnesses showed that Musk has not yet secured the funding necessary to take Tesla private. https://www.gadgetany.com/news/trevor-noah-talks-about-hosting-the-grammys/ Musk, however, stated in his evidence that he thought the cash had been effectively acquired in an oral agreement with Yasir al-Rumayyan, the governor of the Saudi Arabian wealth fund. The "secured funding" tweet was filed as evidence in the ongoing trial, but a text message that came after it implies otherwise. According to reports, the governor of the wealth fund texted Tesla's CEO, "I would want to listen to your idea, Elon, and what are the financial calculations to take it."