The tweet, which resulted in a $57m ($40 million) settlement with securities regulators, claimed he had lined up the financing to take Tesla private in a deal that never came close to happening.
Musk, who said he тАЬhad trouble sleeping last night and unfortunately I am not at my best,тАЭ testified that it was important for jurors to know that he тАЬfelt that funding was securedтАЭ due to his ownership of тАЬSpaceX stock alone.тАЭ
тАЬJust as I sold stock in Tesla to buy Twitter. тАж I didnтАЩt want to sell Tesla stock but I did sell Tesla stock,тАЭ he said of the stock sale to make up for the lack of funding from other sources for his $44 billion deal to take Twitter private.я╗┐
тАЬMy SpaceX shares alone would have meant that funding was secured,тАЭ Musk said.
