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Tesla Investors Not Entitled To New Trial Or Judgment As A Matter Of Law

(June 28, 2023, 11:45 AM EDT) -- SAN FRANCISCO — An individual investor who filed a securities class action against Tesla Inc. CEO Elon Musk and others over Musk’s tweets regarding taking the technology company private is not entitled to judgment as a matter of law or a new trial because there was substantial evidence to support a finding that Musk’s tweets were not materially false, a California federal judge found in denying the investors motion....