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“According to counsel, immediately upon seeing Musk’s 7:15 tweet for the first time after Musk had published it, Tesla’s “Designated Securities Counsel” arranged to meet with Musk, and they drafted Musk’s corrective 11:41 tweet together.”

In unrelated news, Tesla announced a few hours later that this designated securities counsel was leaving the company.

“A person familiar with the matter said he was not a good cultural fit with Tesla and wanted to return to his family and law practice in Washington, D.C.”



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