Angry investors slap Musk with several lawsuits over taking Tesla private

On August 7, Elon Musk tweeted 'Am considering taking Tesla private at $420. Funding secured'

Elon Musk’s now-infamous tweet saying he’d secured funding to take Tesla Inc. private did so much damage to so many different kinds of investors that he should have to face not one, but two or even three separate groups of securities fraud lawsuits, according to lawyers for shareholders.

A federal judge is weighing whether to divvy the litany of complaints into categories because some aggrieved investors had traditional long positions on the electric car-maker’s shares, while others were shorting the stock or held options.

The case presents “so many different types of investors and investments, long and short,” U.S. District Judge Edward