For Tesla, effects of Elon Musk’s take-private tweet continue

For Tesla, effects of Elon Musk’s take-private tweet continue

5 years ago
Anonymous $Dftgs0JzgE

https://www.mercurynews.com/2019/02/19/for-tesla-effects-of-elon-musks-take-private-tweet-continue/

Tesla and CEO Elon Musk settled with the SEC last year over Musk’s tweets about taking the company private, but the fallout isn’t over.

The electric-car company said in a filing Tuesday that it “substantially paid by the end of 2018” $30.1 million in settlement and legal expenses related to Musk’s public statements about a plan to take Tesla private, which did not materialize.

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