Tesla's Musk risks contempt charge as SEC argues tweets violate deal

Tesla's Musk risks contempt charge as SEC argues tweets violate deal

5 years ago
Anonymous $Dftgs0JzgE

https://www.reuters.com/article/us-tesla-musk-sec/teslas-musk-risks-contempt-charge-as-sec-argues-tweets-violate-deal-idUSKCN1QE2OR

The U.S. Securities and Exchange Commission on Monday said Tesla Inc Chief Executive Officer Elon Musk had violated a fraud settlement by making new inaccurate statements on Twitter, pursuing a contempt order against the electric car chief and sending shares of the company down 5 percent in extended trade.