Jury finds Elon Musk did not defraud Tesla investors with infamous 'funding secured' claim

[moniss]

10. Not one ounce of responsibility and his exorbitant compensation package

that was granted took care of what to him was a minor amount of money. A prior Federal judge ruled that the buyout statement was false but they have kept the judgement sealed. I don't know if the plaintiffs tried to get it unsealed and admitted in this case. His continued violations of his SEC agreement obviously shows he could care less and feels nobody can touch him. Here is a bit from Wiki:

SEC lawsuit

In 2018, Musk was sued by the SEC for a tweet claiming that funding had been secured for potentially taking Tesla private.[137][d] The lawsuit characterized the tweet as false, misleading, and damaging to investors, and sought to bar Musk from serving as CEO of publicly traded companies.[137][141][142] Two days later, Musk settled with the SEC, without admitting or denying the SEC's allegations. As a result, Musk and Tesla were fined $20 million each, and Musk was forced to step down for three years as Tesla chairman but was able to remain as CEO.[143] Musk has stated in interviews that he does not regret posting the tweet that triggered the SEC investigation.[144][145] In April 2022, the shareholder who sued Musk over the tweet, along with several Tesla shareholders, said that a federal judge had ruled that the tweet was false, although the ruling in question has not been unsealed.[146] On February 3, 2023, a jury returned a "not liable" verdict in Musk's and Tesla's favor.[147]

In 2019, Musk stated in a tweet that Tesla would build half a million cars that year.[148] The SEC reacted to Musk's tweet by filing in court, asking the court to hold him in contempt for violating the terms of a settlement agreement with such a tweet; the accusation was disputed by Musk. This was eventually settled by a joint agreement between Musk and the SEC clarifying the previous agreement details.[149] The agreement included a list of topics that Musk would need preclearance before tweeting about.[150] In 2020, a judge prevented a lawsuit from proceeding that claimed a tweet by Musk regarding Tesla stock price ("too high imo&quot violated the agreement.[151][152] FOIA-released records showed that the SEC itself concluded Musk has subsequently violated the agreement twice by tweeting regarding "Tesla's solar roof production volumes and its stock price".[153]