Elon Musk refuted that the $420-per-share price in a 2018 tweet about him potentially taking Tesla private was a joke during Monday testimony.
The Tesla CEO told the court the price was “not chosen because of a joke” and called it a “coincidence” regarding some people using 420 to reference marijuana, Fortune reported. He picked $420, he reportedly said while on the stand, because “there was a 20% premium over the stock pri
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