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Ellis George and co-counsel Keller Lenkner, on behalf of Kalman Isaacs and a class of Tesla shareholders, filed a putative class action against Tesla and its CEO Elon Musk.  The lawsuit, filed in federal court in San Francisco, claims that Musk’s recent tweets about taking Tesla private illegally manipulated stock prices.  The class consists of so-called short sellers as well as long term investors in Tesla harmed by the artificial inflation in Tesla’s stock price on August 7 & 8, 2018 resulting from Musk’s efforts to manipulate the market.  Given the stock price movement, market activity, and outstanding shares, a damage award is expected to be quite substantial.  Eric George and Carl Roth are handling the matter for Ellis George.