To hell with ESG: Musk says his tweet about taking Tesla private was 'entirely truthful'
BNN: 'Elon Musk says his 2018 tweet about planning to take Tesla Inc. private was “entirely truthful” and that investors who claim the missive was fraudulent are wrong. Lawyers for the billionaire chief executive officer of the electric-car maker said in a court filing Tuesday that Saudi Arabia’s sovereign wealth fund had indeed agreed to support his attempt to take the company private.
'“Elon Musk’s August 7, 2018 tweet informing the public that he was considering taking Tesla private was entirely truthful,” the CEO’s attorney Alex Spiro said in a heavily redacted filing. “Mr. Musk was considering taking Tesla private at US$420 a share. Funding was secured. There was investor support.”'