Judge rules Musk’s ‘Tesla stock too high imo’ tweet troublesome, but not enough to sue

Remember when Tesla shares tanked by 10% moments after its CEO Elon Musk tweeted: “Tesla stock price is too high imo”? Turns out it was the “final straw” for a group of Tesla shareholders, who’ve used the fiasco as leverage in a potential lawsuit that seeks to stop the enigmatic billionaire from tweeting any information at all regarding the company moving forward. According to AP, their lawyers have argued that Musk’s continued tweeting poses a direct threat to Tesla, and that his May 1 post breached conditions of a 2019 settlement with the Securities and Exchange Commission (SEC) — which demand any tweet which… This story continues at The Next Web Or just read more coverage about: Tesla