Tesla Investors Defeated by Musk Make Longshot Bid for New Trial

Investors who sued Elon Musk for fraud and lost a trial have asked a judge to overturn the jury verdict and order a redo.

Jurors in San Francisco federal court spent just two hours last month deliberating before clearing the Tesla Inc. chief executive officer of claims he defrauded investors when he tweeted 4 1/2 years ago that he was considering taking the company private and had “funding secured” to make the deal happen.

Read More: ‘Teflon’ Elon Wins Again as Jury Rejects Tweet Fraud Claims

The attempt by shareholders to get that decision thrown out is improbable because ...