Billionaire Musk likely to ‘double down’ on tweets after court victory
Elon Musk may become even more emboldened in his Twitter use after a jury cleared the billionaire Tesla Inc chief executive over his missive that he had “funding secured” to take his electric car company private.
A San Francisco jury took just two hours to unanimously find the world’s second-richest person not liable for having allegedly tweeted fraudulently in August 2018 about a possible Tesla buyout.
Musk is likely to “double down” on his communication tactics after the verdict, said Minor Myers, a professor of corporate law at the University of Connecticut.
“This is only going to embolden him to act as he sees fit,” Myers said.