Tesla Is Set for Settlement Talks Over Musk Tweets About Taking Company Private

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Tesla is scheduled for court-ordered settlement talks in a shareholder lawsuit over Chief Govt Officer Elon Musk’s 2018 tweets suggesting he had funding to take the corporate non-public.

In a courtroom submitting Friday, a federal choose ordered the settlement convention through Zoom on Oct. 3, including to an already busy month for Mr. Musk. He additionally faces a five-day October trial in Twitter lawsuit seeking to compel him to complete his $44 billion purchase of the social-media firm, and a trial over his compensation package deal at Tesla.

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