this post was submitted on 05 Mar 2026
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Multi-billionaire technology tycoon Elon Musk told a jury in California on Wednesday that stock market investors read too much into his social media posts.

He was defending himself against claims from investors, who have accused him of trying to manipulate markets with a series of misleading messages in the run-up to his 2022 purchase of Twitter.

Musk said posts he wrote after he had struck a deal to buy the platform were "extremely literal" and not intended to try to reduce the price he would have to pay.

"I was simply speaking my mind," he said when asked if he had considered the impact of his posts, including one in which he declared his takeover plans on hold.

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[–] BiteSizedZeitGeist@lemmy.world 4 points 3 hours ago (1 children)

People like him disavow how much influence he has, willfully or not. Musk is the worst at it. He doesn't realize, or refuses to realize, how much his edgy tweets mean.

They wall want power but not the responsibility that comes with it.

[–] IronBird@lemmy.world 3 points 3 hours ago

he 100% knows what he's doing, he just doesn't believe words have meaning

[–] teawrecks@sopuli.xyz 2 points 3 hours ago

"Officer, you're reading too much to the speed I was going. It wasn't even on my mind, I was simply pushing the gas pedal."

[–] Lemminary@lemmy.world 2 points 3 hours ago

He's right, though. Every time I read his tweets, all I see is "stupid nazi".

[–] DarkFuture@lemmy.world 3 points 6 hours ago

His posts are short and stupid. There's not much to read into.

[–] notwhoyouthink@lemmy.zip 15 points 13 hours ago

Oh wow.

Watch the claims of Autism come back (I believe he’s hinting at this by claiming he was being ‘extremely literal’), he’s tried the clownish ‘but gaiz, I was joking you shouldn’t take me so seriously’ bs we all remember from ‘edgelords’ online.

This is like tech bro’s prayer; it’s the Narcissist’s Prayer but with a ‘no one gets me’ smirk.

[–] Fedizen@lemmy.world 5 points 12 hours ago

"I paid 40 billion as a joke, bro"

[–] SaveTheTuaHawk@lemmy.ca 9 points 15 hours ago

ahhh...he pulled a Fox-Carlson and Twitter is just entertainment.

[–] ameancow@lemmy.world 9 points 15 hours ago

Elon Musk: "Don't take tweets so seriously bro"

Also Elon Musk: Incentivizes blue-check accounts with just enough monetary reward for shares and engagement that literally hundreds of thousands of people in developing countries take on creating and sharing propaganda, rage-bait and inflammatory USA content as full-time careers, leading to our whole country embracing fascism out of fear and confusion and electing a leader who has now killed over a million people not counting the failures of covid.

[–] wuffah@lemmy.world 60 points 21 hours ago* (last edited 21 hours ago)

buys entire social media platform

directs developers to boost his posts

exclusively posts deliberately manipulating and inflammatory content

“Don’t read so much in to it!” 🤡

[–] melsaskca@lemmy.ca 17 points 17 hours ago (2 children)

Musk tries so hard to be clever and debonair in his posts and usually comes off looking like a middle-school goof.

[–] village604@adultswim.fan 2 points 14 hours ago

He's JP from Grandma's Boy.

[–] etherphon@piefed.world 1 points 13 hours ago

That was my thought exactly, he's not a teenager, he shouldn't be like it's just a prank bro.. come on. What the fuck. Seriously?

[–] ImgurRefugee114@reddthat.com 70 points 22 hours ago

How dare people read what I write and attribute motivations and intentions to my publically outspoken opinions and positions

[–] Honytawk@discuss.tchncs.de 8 points 15 hours ago (2 children)

Maybe he shouldn't have forced every single tweet of him to every account on his social media website then. Even the ones who actively blocked him still got his tweets.

[–] Paddzr@lemmy.world 3 points 7 hours ago

At a point where you're still on Twitter... You have some sort of punishment kink.

[–] HubertManne@piefed.social 3 points 15 hours ago (1 children)

isn't this about him buying the social media website. so like before he owned it?

[–] I_Has_A_Hat@lemmy.world 1 points 12 hours ago

It is. People are dumb though and don't read beyond the headline to be aware of what actually going on.

[–] mos@lemmy.world 22 points 20 hours ago (1 children)

It’s odd how the article describes the richest person on the planet, who is almost worth a trillion dollars, as a multi billionaire.

Also what the fuck who needs a trillion dollars.

[–] MagicShel@lemmy.zip 10 points 17 hours ago

I can't think of a reason anyone should be able to have even a billion dollars. Long before you get to that point, you are just playing numbers games to the detriment of everyone else participating in the economy.

How a wealth limit could ever be enacted practically is another matter, but I would support trying to solve it.

[–] aeronmelon@lemmy.world 13 points 19 hours ago (1 children)

So that’s why I haven’t seen any recent photos of him, he looks like a husk now.

[–] abbadon420@sh.itjust.works 7 points 18 hours ago

A musk husk. Lol

[–] Borger@lemmy.blahaj.zone 27 points 22 hours ago

Coming from Mr. Market Manipulation lmao.

[–] NutWrench@lemmy.ml 5 points 16 hours ago

Multi-billionaire technology tycoon Elon Musk told a jury in California on Wednesday that stock market investors read too much into his social media posts.

That's because investors expect to take you seriously when you're handling their MONEY. If you're going act like an illiterate douche-canoe, like Poochie from "The Simpsons" then expect investors to be concerned.

[–] Cocodapuf@lemmy.world 3 points 17 hours ago (1 children)

Maybe if the shit you say doesn't really matter, don't post it publicly to the world.

Not a great argument.

[–] tacosanonymous@mander.xyz 3 points 16 hours ago

He has the nuance of the racist uncle you loathe seeing at Thanksgiving.

[–] santa@sh.itjust.works 5 points 21 hours ago

Surprised a motion wasn’t filed to have the case tried on Mars, ya know…where it would be a jury of his peers — Aliens that wouldn’t be prejudiced towards him (we think…?).

He would provide travel, but needs to get back to work on the flying thing.