Elon Musk: 'I had no ill motive' in tweet about Tesla buyout
Elon Musk has returned to the stand for a third day in federal court in San Francisco to testify in a class action lawsuit filed by Tesla investors alleging he misled them with a tweet SAN FRANCISCO -- Elon Musk returned to the stand for a third day Tuesday in a class-action lawsuit brought by Tesla investors who allege he misled them with a tweet about a deal that never happened, testifying that his intent had been to let his shareholders know he was considering a buyout . The 51-year-old billionaire resumed — under the friendly questioning of his own lawyer, Alex Spiro — his staunch defense at a trial centering on two 2018 tweets indicating he had lined up the money to take Tesla private. As Spiro gently prodded him, Musk told the nine-person jury he had stated only that he was “considering" a Tesla buyout but never promised a deal would get done. But, Musk said, he thought it important to get the word out to investors that Tesla might be poised to end its eight-year run as a p...