Musk accused in lawsuit of defrauding Tesla shareholders Musk accused in lawsuit of defrauding Tesla shareholders August 10, 2018 dzadmin Comments 0 Comment Tesla and CEO Elon Musk were sued on Friday by an investor who said they defrauded shareholders in a scheme to manipulate the electric car company’s stock price, starting with Musk’s Aug. 7 tweet that he might take Tesla private.