• <a fr-original-style="" href="https://www.ft.com/content/3a0fdb51-a65e-4e57-a4c4-649ba3e88097" rel="noopener noreferrer" style="color: rgb(9, 9, 9); text-decoration: none; background-color: transparent; outline: none; cursor: pointer; transition: color 0.3s ease 0s; touch-action: manipulation; user-select: auto; box-sizing: border-box;" target="_blank">Elon Musk</a> made a "split-second decision" to tweet that he had "funding secured" to buy out Tesla in 2018 after seeing a report in the Financial Times, his lawyer told in court in San Francisco. According to his statement, Musk sent the tweet after reading Saudi Arabia’s Public Investment Fund had quietly acquired a $2 billion stake in the EV company. "In a rush, he used the wrong words," Spiro said.<img src="https://images.aposto.com/2023/0/4/1674155993010.png" style="display: block; float: none; vertical-align: top; margin: 5px auto; text-align: center; width: 100%; max-width: 550px; border-style: none; position: relative; cursor: pointer; padding: 0px 1px; box-sizing: border-box;" ratio="1.79" width="550" alt="Elon Musk" fr-original-style="display: block; float: none; vertical-align: top; margin: 5px auto; text-align: center; width: 100%; max-width: 550px;" fr-original-class="fr-draggable">via FT<ul fr-original-style="padding-inline-start: 20px;" style="padding-inline-start: 20px; margin-top: 0px; margin-bottom: 1em; list-style-position: inside; box-sizing: border-box;"><li fr-original-style="" style="box-sizing: border-box;">What happened: Musk was sued by Tesla shareholders for manipulating the EV maker’s stock price with several tweets including one that said: "Am considering taking Tesla private at $420. Funding secured."</li></ul>

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