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Stock Market News

Tesla shareholders lose bid for ‘gag order’ against Elon Musk

04/21/2022

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2022.04.21 00:26

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Tesla shareholders lose bid for 'gag order' against Elon Musk
FILE PHOTO: SpaceX founder and Tesla CEO Elon Musk looks on as he visits the construction site of Tesla’s gigafactory in Gruenheide, near Berlin, Germany, May 17, 2021. REUTERS/Michele Tantussi

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(Reuters) – A federal judge on Wednesday rejected an effort by Tesla (NASDAQ:TSLA) Inc shareholders to obtain a “gag order” preventing Elon Musk from publicly discussing their lawsuit accusing him of deceiving them with a 2018 tweet about taking his electric car company private.

The ruling was issued by U.S. District Judge Edward Chen in San Francisco.

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04/21/2022

Less than a minute