The first hearing took place in the lawsuit filed against billionaire businessman Elon Musk for a tweet he posted in 2018. Elon Musk’s lawyersunimportantIt is alleged that the sharing, which they launched as “, lost billions of dollars to ordinary investors. Tesla shareholders involved in the matter, Elon Musk more than $1 billion are seeking compensation.

Elon Musk shared Tesla stock in 2018 for 420 dollars He stated that he was considering the purchase and even financed it, in other words, the funds were secured. Here are Tesla shareholders, relying on this statement, that of Elon Musk that you liedThey state that they did not buy Tesla and as a result lost money and reached the billion dollar level.

Attorneys for Elon Musk say incident consists of “wrong choice of words”

Lawyers who defended Elon Musk at the hearing said the sharing in question was not important and that Elon Musk made the aforementioned statement. for choosing the wrong words They say such a thing happened. However, according to the plaintiff’s lawyers, the situation is different. Accordingly, Elon Musk deliberately created the said stock and created an imbalance in Tesla stock. For instance; The prosecution, named Glen Littleton, was undecided because of the statement made and as a result $3.5 million He says he is losing money.

Elon Musk may lose his reputation along with his money!

Elon Musk would be pretty upset if he lost the lawsuit filed in San Francisco sad Looks like it’s going through a process. Because 1 billion dollars compensation is not at the level that can be eaten. Moreover, things are not just that. Elon Musk in case the case is lost loss of reputation It is believed that he will live. The reason for this is that Elon Musk makes remarkable debuts from time to time. There are people who remember; One sentence he uttered was enough for Dogecoin prices to skyrocket.

In the meantime; It must be said that the US case brings out a striking fact about Elon Musk. According to the statements of Musk’s lawyers, the businessman wanted Tesla very much. wanted to buy. He even found followers from Saudi Arabia. However, Saudi investors are stepping back, Elon Musk’s swallow what you say caused.

Elon Musk is also expected to defend himself later in the case. During that defense, Musk will likely address the matter and explain why the sharing occurred. Here’s a situation like this. Like Elon Musk takes a rest and if the investigation shows that there was deliberate sharing, this time the shareholders What matters is what the total loss is will emerge. Then it is quite possible that we are talking about astonishing numbers.

You can find Elon Musk’s post in 2018 below:

I am considering buying the Tesla privately for $420. Financing provided. Shareholders can sell their shares for $420 or choose to keep them.