The jury sided with Musk and Tesla in 2023, ruling that despite the recklessness of his 'funding secured' tweet, it did not constitute liability.
The 9th U.S. Circuit Court of Appeals concluded that while Musk's tweet was reckless, determining his knowledge was not necessary for the jurors' decision.
Ellyde Thompson, one of Musk’s lawyers, stated the court's decision was a significant legal victory, affirming the jury’s verdict against the appeal.
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