Elon Musk's lawyers subpoena head of Saudi Arabia's $620 billion wealth fund for Tesla 'funding secured' tweets case

Jan 4 2023 by Business Insider

 
Investors are suing Elon Musk over 2018 tweets where he claimed to have the necessary "funding secured" to take Tesla private.

Bill Pugliano/Getty Images

Investors are suing Elon Musk over an August 2018 tweet where he claimed he had "funding secured" to take Tesla private. Musk's lawyers have subpoenaed Saudi Arabia's top wealth manager to be a defense witness in the upcoming court case. Text messages disclosed in April showed Musk raging at Yasir Al-Rumayyan for not supporting his efforts to...
Continue Reading Elon Musk's lawyers subpoena head of Saudi Arabia's $620 billion wealth fund for Tesla 'funding secured' tweets case