<ul><li>A U.S. appeals court has upheld the jury's decision clearing Elon Musk and Tesla of liability over the CEO's misleading "funding secured" tweet.</li><li>The lawsuit was filed in 2018 by TSLA shareholders, who claimed significant financial losses.</li><li>The plaintiffs' appeal against the verdict has been rejected by the 9th U.S. Circuit Court of Appeals.</li><li>While the court acknowledged the tweet was reckless, the decision to apportion damages between the defendants was proper.</li></ul>

Elon Musk, Tesla cleared of liability over claims they misled investors with “funding secured” tweet

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