Mr Unsworth's lawyer Mark Kennedy from the firm Howard Kennedy told the BBC that Mr Musk's allegations were baseless. That was after more than two weeks of wild swings in Tesla's share price as investors scrambled to assess whether a deal would happen - stinging the company's critics and cheerleaders alike.
The shareholder lawsuit is one of at least seven targeting Musk since he stunned investors on Twitter on August 7, saying he might take Tesla private in a $72 billion (55.66 billion pounds) transaction valuing the company at $420 per share, and that "funding" had been "secured".
In a statement to the Guardian Tuesday, Unsworth's lawyer said Musk's "false accusations" were "inexcusable".
Musk's tweet caused a financial firestorm with Tesla shares immediately skyrocketing by nearly 11 per cent, although in the coming days they lost a good part of what they had gained and tanked further after Musk's interview with the NYT.
Unsworth's attorney has denied Musk's accusations and the Tesla CEO has neither provided any evidence for his claims nor has any information been uncovered by reporters that would corroborate the accusations. Musk has publicly and clearly stated that he "hopes" to be sued. Reuters was unable to verify the emails reported in the BuzzFeed article.
Mueller will reportedly accept written answers from Trump
Trump's lawyers have dangled written answers as a possibility, and Mueller's team appeared receptive to it as an interim measure. In March, Mueller raised the prospect of subpoenaing Trump if he refused to be questioned voluntarily.
BuzzFeed had reached out to Musk for comments concerning his last attack on Unsworth, but what they got instead was a whole new attack. Musk had unsuccessfully tried to help with the rescue mission. "I started to doubt whether I was also stuck in the cave", he said.
Finally, on the evening of August 24, a Friday, Musk, by then facing U.S. Securities and Exchange Commission scrutiny into the factual accuracy of the "secured" tweet, Musk blogged https://www.tesla.com/blog/staying-public%20 that Tesla would remain public, citing investor resistance. Tamez further stated: "Musk has been a strong force in the electrification of cars, and technology is undoubtedly heading in that direction".
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company.
The stock dropped 2.8 percent to $280.74, the lowest level since late May, following a 4.2 percent decline on Tuesday after Mercedes introduced its first fully electric vehicle in Stockholm. They highlighted concerns including the carmaker's debt-riddled balance sheet and "intensifying" competition that may erode its lead in the electric vehicle race.
"We see the medium-to-longer term industry backdrop as challenging for Tesla's products; this follows from an increasing number of EV launches from both traditional OEMs and other start-up competitors - at a time when the company's product cadence hits a gap", Goldman analyst David Tamberrino wrote in the note to clients as quoted by CNBC.