Elon Musk predicted the loss of new billions

Independent investors of Elon Musk's Tesla company have prepared a class-action lawsuit accusing the businessman of major stock fraud.

This story began back in 2018, when Musk made loud statements about buying back shares from investors, but in the end, the deal never came to fruition.

As a result of this, the plaintiffs believe, the value of the shares has fallen significantly, and they have lost tens of billions of dollars, which they are now going to demand from Elon Musk.

According to merchants, Musk could deliberately mislead them, manipulating the value of securities in his favor.

True, for now, the court, which will take place in the near future, summoned Elon Musk to the meeting as a key witness, and not in the status of the accused.

However, if his guilt is confirmed along the way, everything could end for the businessman in the loss of billions of dollars on top of the two hundred billion that he already lost during the past year.