Goldman’s Dees Says Musk 2018 Go-Private Tweet Surprised Him (2)

Dan Dees, one of Goldman Sachs Group Inc.’s most senior executives, told a jury he was surprised in August 2018 by Elon Musk’s tweet about taking Tesla Inc. private, adding to evidence at a securities fraud trial that the car company CEO’s announcement caught even his bankers off guard.

The trial, now in its second week in San Francisco federal court, revolves around Musk’s controversial August 2018 Twitter posts that he was considering taking the electric-car maker private with “funding secured.”

Lawyers for the investors are aiming with testimony from Dees, who is a co-head of Goldman’s ...