Tesla Is Set for Settlement Talks Over Musk Tweets About Taking Company Private


Tesla is scheduled for court-ordered settlement talks in a shareholder lawsuit over Chief Executive Officer Elon Musk’s 2018 tweets suggesting he had funding to take the corporate personal.

In a courtroom submitting Friday, a federal decide ordered the settlement convention by way of Zoom on Oct. 3, including to an already busy month for Mr. Musk. He additionally faces a five-day October trial in Twitter lawsuit looking for to compel him to finish his $44 billion buy of the social-media firm, and a trial over his compensation bundle at Tesla.

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