If the CEO of a publicly traded company tweeted that they planned to take their company private and said they had “the funds secured,” you’d be forgiven for assuming that, well, they planned to take their company private and had secured financing to realize it. “Not so fast,” Elon Musk’s lawyers argue in a lawsuit filed by Tesla investors over a tweet that investors say caused them to lose millions.
“It’s not clear what secured financing means in a phrase on Twitter,” the Tesla CEO’s lawyers say, “It’s not self-evident how anyone could consider something, and yet, all the details have been decided. ”
Finally, in the US, the Occupational Safety and Health Administration (OSHA) has cited Amazon for alleged violations of safety law in its warehouses. $60,269 in penalties is proposed. Amazon says it disagrees and plans to appeal.
For now, here’s a silly tweet to start your day:
