Elon Musk took the stand Monday at his securities fraud trial and testified Saudi Arabia's sovereign wealth fund wanted to take Testa private.

Musk Testifies Saudi Fund Backed Plan to Take Tesla Private

All right. Let's take a look quickly at some other stories that we're following here Ellen because taking the witness stand again today in the trial centering on this now infamous tweet, you see it on your screen from 2018 about possibly taking Tesla private and having the funding to do that with a class action lawsuit representing Tesla investors alleging that the initial tweet cost shareholders billions of dollars. There were a lot of hedge funds that had shorted this stock. That's how we get to a billions of dollars. There aren't any cameras in the courtroom, but must testify today that he thought he had support from Saudi Arabia's sovereign wealth fund and specifically mentioned a meeting at Tesla's fremont California factory in july of 2018. We must testify that the Saudi Public Investment fund, quote unequivocally and quote, wanted to take Tesla private. Uh, we're going to continue to follow this case closely. Of course, bring you comments and these sketches from the courtroom