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Legal Mag > Blog > Deals & Transactions > Investors Ask for New Trial in Litigation Over Tesla Take Private Tweets
Deals & Transactions

Investors Ask for New Trial in Litigation Over Tesla Take Private Tweets

Press Room
Press Room 2 weeks ago
Updated 2023/03/08 at 6:57 PM
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Tesla investors asked a federal judge to reverse a San Francisco jury’s finding that Elon Musk and his electric vehicle company did not violate federal securities laws with a 2018 plan to take Tesla private.

Attorneys from Levi & Korsinsky argued that the Feb. 3 jury verdict “was the result of an erroneous deliberation process influenced by prejudicial and improper attorney argument, speculative testimony, and confusing jury instructions” in a motion for judgment as a matter of law or a new trial filed Tuesday.

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