In re Tesla Inc. Securities Litigation
Opinion
Trial Court Opinion
UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA 6 IN RE TESLA INC., SECURITIES Case No. 18-cv-04865-EMC
LITIGATION
ORDER DENYING PLAINTIFF’S
MOTION FOR JUDGMENT AS A
MATTER OF LAW OR NEW TRIAL,
AND DENYING DEFENDANTS’
MOTION FOR COSTS
11 Docket Nos. 657, 685, 689 12 13 I. INTRODUCTION Plaintiff Glen Littleton filed a securities class action against Defendants Tesla, Inc.; Elon Musk (Tesla’s CEO and former Chairman); and Tesla’s Board of Directors based on two tweets made by Mr. Musk in August 2018 about taking Tesla from a public to a private company. After a three-week trial in January 2023, the jury awarded a verdict for Defendants on all claims. Now pending before the Court are (1) Plaintiff’s motion for judgment as a matter of law or, in the alternative, for a new trial, see Docket No. 685, and (2) supplemental briefing from the parties regarding whether the Court shall award costs to Defendants as the prevailing party under Federal Rule…