Elon Musk in court to defend Tesla buyout tweet in civil case

Elon Musk (Brian Lawless/PA)

Elon Musk was summoned to court on Friday to defend a 2018 tweet claiming he had lined up the financing to take Tesla private in a deal that never came close to happening.

The tweet resulted in a 40 million US dollar (£32 million) settlement with securities regulators. It also led to a class-action lawsuit alleging he misled investors, pulling him into court on Friday.