Tesla is ready for settlement talks over Musk tweets about taking the company private

Tesla is scheduled for settlement talks in a shareholder lawsuit over CEO Elon Musk’s 2018 tweets that suggested he had the funds to take the company private.

In a court filing on Friday, a federal judge ordered the settlement conference via Zoom on Oct. 3, adding to an already busy month for Mr. Musk. He also faces a five-day trial in October Twitter lawsuits seeking to force him to complete the $44 billion purchase of the social media company, and a trial over his compensation package at Tesla.