Investors sue Tesla for share price manipulation after Musk tweet

Investors sue Tesla for share price manipulation after Musk tweet

Elon Musk, co-founder and chief executive officer of Tesla Motors Inc., speaks during a news conference in Tokyo, Japan. Photographer: Yuriko Nakao/ Bloomberg

Elon Musk and Tesla Inc. were sued by investors for manipulating share prices after the chief executive officer’s bombshell tweet that he was thinking about taking the company private and that he’d secured funding for the deal.

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