A group of Tesla shareholders suing CEO Elon Musk over some 2018 tweets about taking the company private is asking a federal judge to order Musk to stop commenting on the case
Lawyers for stockholders of the Austin, Texas-based company also say in court documents that the judge in the case has ruled that Musk's tweets about having"funding secured" to take Tesla private were false, and that his comments also violate a 2018in which Musk and Tesla each agreed to pay $20 million fines.
In court documents filed Friday, lawyers for the Tesla shareholders alleged that Musk is trying to influence potential jurors in the lawsuit. They contend that Musk's 2018 tweets about having the money to take Tesla private at $420 per share were written to maniuplate the stock price, costing shareholders money.“Musk's comments risk confusing potential jurors with the false narrative that he did not knowingly make misrepresentations with his Aug. 7, 2018 tweets,” the lawyers wrote.
But the shareholders' lawyers wrote that Chen already ruled that Musk's tweets were false and misleading, and “that no reasonable juror could conclude otherwise.”
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