Musk is likely to "double down" on his communication tactics after the verdict, said Minor Myers, a professor of corporate law at the University of Connecticut.
Musk ultimately abandoned his effort to take Tesla private, but told jurors early in the three-week trial that he had believed what he wrote in tweets.
"I expect Elon is going to write anything he wants,"Musk himself thanked the jury on Twitter -- which he bought in October for $44 billion.
The tweets led to Musk and Tesla paying $40 million to resolve U.S. Securities and Exchange Commission civil charges under a consent agreement that Musk has fought unsuccessfully to lift.
Still, many analysts said Musk, who has tweeted more than 22,000 times and has about 128 million Twitter followers, has no reason to slow down now.