By 
Tesla Inc. Chief Executive Elon Musk was found not liable on Friday in a federal trial in San Francisco over his “funding secured” and other tweets in 2018.
Musk testified last week he considered the tweets around his idea of taking Tesla
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private his way of “doing the right thing” for all Tesla shareholders.
Jurors in the three-week long trial also heard from other Tesla current and previous executives as well as board members. The trial had some humorous moments, as when a plaintiff’s attorney called Musk “Mr. Tweet.”
Tesla shares rose 1.6% in the extended session Friday after ending the regular trading day up 0.9%. The stock has lost 36% in the past 12 months, compared with losses of around 8% for the S&P 500 index.
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