Bloomberg Law
May 10, 2022, 8:52 PM

Musk’s 2018 Tesla Go-Private Tweets Were Reckless, Judge Found

Joel Rosenblatt
Joel Rosenblatt
Bloomberg News

“No reasonable jury could find that Mr. Musk did not act recklessly.”

That’s the upshot of a federal judge’s review of Tesla Inc. CEO Elon Musk’s 2018 tweets about taking the company private, as revealed in an order that was sealed for more than a month before it was made public Tuesday.

U.S. District Judge Edward Chen’s conclusion that Musk was misleading in his Twitter posts was disclosed weeks ago in a court filing. But the ruling wasn’t released while Tesla fought to limit how much the public could learn about regulatory scrutiny and shareholder criticism of the ...

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