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Elon Musk changed his name to 'Mr. Tweet' on Twitter after a lawyer accidentally called him that during a Tesla shareholder trial

elon musk twitter
The mistake came during a trial brought by Tesla shareholders accusing Musk, who is also the CEO of Twitter, of committing securities fraud via tweet.Dave Smith/Business Insider
  • Elon Musk changed his Twitter name to "Mr. Tweet" after an attorney accidentally named him incorrectly during a Tesla shareholder trial.

  • The attorney, Nicholas Porritt, said it was a "Freudian slip," but Musk joked it was a fitting name.

  • The trial is the result of a class-action shareholder lawsuit that alleges Musk committed securities fraud via tweet in 2018.

Elon Musk may have found himself with a new nickname – by mistake.

The billionaire recently changed his name on Twitter to "Mr. Tweet" after an attorney representing a group of shareholders suing Musk accidentally called him the name during a tense moment in the trial on Monday.

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The attorney, Nicholas Porritt, called the gaffe a "Freudian slip," but Musk joked it was "probably an accurate description."

Musk, who is the CEO and owner of Twitter as of late last year, has never shied away from using the platform.

In fact, the interaction between Porritt and Musk came during a trial brought by Tesla shareholders who have accused Musk of committing securities fraud via tweet. Specifically, the shareholders accuse Musk of illegally manipulating Tesla's stock price when he sent a 2018 tweet saying he was considering taking Tesla private at $420 per share with "funding secured." 

Musk defended the tweet in court, maintaining that he "wanted to make sure shareholders would know what my intent was." Musk also said that he believed the Saudi Arabian Public Investment Fund would "unequivocally" help support his plan to take the company private.

The deal never happened, and during his testimony, Musk accused the fund of "backpedaling" after the tweet was sent.

 

Catch up with more coverage from the trial:

Elon Musk accuses a major Saudi investor of 'ass-covering' in a trial over his 'funding secured' Tesla tweet

Elon Musk just took the stand in a trial over his 'funding secured' tweet — catch up with 8 stand-out quotes from his testimony

Elon Musk testifies that he thinks the number 420 has 'karma,' but he's not sure if it's 'good or bad'

Elon Musk made sure the jury knew that short-sellers weren't 'a seller of small stature' during the Tesla shareholder trial

Read the original article on Business Insider