Musk Faces Judge Doubtful Go-Private Tesla Tweet Was True (1)

March 11, 2022, 9:15 PM UTC

Elon Musk’s assertion that his now-infamous 2018 tweet about taking Tesla Inc. private was true drew skepticism from a judge.

The billionaire and his electric-car company may soon be headed to trial in a fight with shareholders who allege the Twitter post cost them billions of dollars in losses.

To fend off allegations that the missive was fraudulent, Musk repeated in a court filing last month what he explained three and a half years ago: Saudi Arabia’s sovereign wealth fund had agreed to support his attempt to take the company private.

“It seems to me it’s not factually very ...

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