Taking the stand for the second day, Musk continued to double down on his assertion that Twitter had a much higher number of fake and spam accounts than the 5% it disclosed in regulatory filings.
Elon Musk reached a deal to buy Twitter in April 2022. On May 13, 2022, he declared his plan "temporarily on hold" over the number of spam and fake accounts on the platform. Twitter's stock tumbled as ...
Tesla CEO accused of making false and misleading statements that drove down Twitter’s stock price before he bought the company ...