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Musk's Legal Battles &Twitter's Brand Transformation

Elon Musk Podcast

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The Unprecedented Legal Battle Between Musk and Tesla

In August 2018, he tweeted about having funding secured for taking Tesla private. This resulted in a US Securities and Exchange Commission lawsuit as the claim turned out to be false. Subsequently, Musk and Tesla had to collectively pay $40 million in civil fines to settle the lawsuit. Now despite these legal tangles, Musk's business empire remains unscathed. As per Forbes magazine, Musk's fortune stands at $236.4 billion making him the second richest person globally.

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