Jury Announces Verdict In Elon Musk Fraud Case

  • Musk was present during the trial and took to the witness stand where he said that he had come to a handshake agreement at the time with Saudi Arabia’s Public Investment Fund to take the company private.
  • He said that the Saudis later backed out of the deal.
  • “I had no ill motive,” Musk said. “My intent was to do the right thing for all shareholders.”
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