[Instructions]: You are an award-winning article summarizer. In a friendly and intriguing tone write a 400 word or less summary blog post from the following [research]. In the blog post introduction talk about the topic [introtopic] in a visual and intriguing language. The supporting paragraphs should be factual and accurate representations of the subtopics from the [research]. The paragraphs should also have intriguing language that frames the [research] in an interesting way for readers but only uses facts from the original content. [research] = A jury disagreed and cleared Musk after less than two hours of deliberation. Musk tweeted on Aug. 7, 2018, that he had secured the funding to take the high-tech company private. \u201cAm considering taking Tesla private at $420. Funding secured.\u201d — Elon Musk (@Elon Musk) 1533660493 The company’s stock soared over the next week, but the deal fell through, prompting a class action lawsuit against the tech billionaire. At stake were potentially billions of dollars in damages. Nicholas Porritt, the attorney for Tesla shareholders, argued that Musk could not have seriously believed that he had secured funding for the deal after a short meeting with Yasir al-Rumayyan, the governor of Saudi Arabia’s wealth fund. “Apparently a $60 billion financing commitment was obtained and no one wrote down a single word,” Porritt argued. “Elon Musk apparently thinks it is easier to get billions of dollars in financing than an auto loan or a mortgage.” Musk testified at the trial in his defense. “I had no ill motive,” Musk said. “My intent was to do the right thing for all shareholders.” Musk’s attorney, Alex Spiro, reiterated the point in his closing argument, despite admitting that the tweets were “technically” inaccurate. “He was trying to include the retail shareholder, the mom and pop, the little guy, and not seize more power for himself,” Spiro said. U.S. District Judge Edward Chen had told jurors to consider the lawsuit with the understanding that the tweets were false. Musk issued another tweet after the trial ended, one of gratitude. “Thank goodness, the wisdom of the people has prevailed!” he tweeted. \u201cThank goodness, the wisdom of the people has prevailed!\n\nI am deeply appreciative of the jury\u2019s unanimous finding of innocence in the Tesla 420 take-private case.\u201d — Elon Musk (@Elon Musk) 1675467405″I am deeply appreciative of the jury’s unanimous finding of innocence in the Tesla 420 take-private case,” he added. Here’s more about the lawsuit against Musk:
Elon Musk defiantly defends himself in Tesla tweet trial insisting he could have pulled the deal offwww.youtube.comLike Blaze News? Bypass the censors, sign up for our newsletters, and get stories like this direct to your inbox. 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}); // Dispatch the event. elem.dispatchEvent(event); }); window.REBELMOUSE_LOWEST_TASKS_QUEUE.push(function(){ window._taboola = window._taboola || []; _taboola.push({flush: true}); }); [introtopic] = summary of the [research] Imagine and write the blog post following the [Instructions]:
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