Panel Upholds Denial Of Tesla Investor’s Motion For New Trial In Securities Suit

( November 22, 2024, 8:21 AM EST) -- SAN FRANCISCO — The Ninth Circuit U.S. Court of Appeals affirmed a district court’s denial of an investor’s motion for a new trial in a securities class action suit filed against Tesla Inc. CEO Elon Musk and others over Musk’s tweets regarding taking the technology company private after determining that the lower court correctly found that there were no instructional errors that warranted a new trial of the jury’s finding that Musk’s tweets were not materially false....