Tesla prepares to settle talks over Musk sharing tweets about setting up a private company

Tesla scheduled for court-ordered settlement negotiations in a shareholder lawsuit over the CEO Elon MuskHis 2018 tweets suggest he has the funds to take the company private.

In a court filing on Friday, a federal judge ordered a settlement conference via Zoom on October 3, adding to an already busy month for Mr. Musk. He also faces a five-day trial in October in Twitter lawsuit to force him to complete his $44 billion purchase of the social media company and a test of his compensation package at Tesla.

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