Tesla likely to face SEC investigation following Musk tweets amid debate of market manipulation
https://www.cnbc.com/2018/08/08/tesla-likely-to-face-sec-investigation-following-musk-tweets.html
Elon Musk's lawyers are probably pouring over rule 14e-8 of the Securities Exchange Act of 1934 right about now.
That regulation is the one the Tesla CEO may or may not have violated when he sent the markets into a frenzy and halted trading of Tesla's shares after nonchalantly tweeting Tuesday that he was thinking about taking the electric car company private and had "funding secured," securities lawyers say.
Tesla likely to face SEC investigation following Musk tweets amid debate of market manipulation
Aug 8, 2018, 9:26pm UTC
https://www.cnbc.com/2018/08/08/tesla-likely-to-face-sec-investigation-following-musk-tweets.html
> Elon Musk's lawyers are probably pouring over rule 14e-8 of the Securities Exchange Act of 1934 right about now.
> That regulation is the one the Tesla CEO may or may not have violated when he sent the markets into a frenzy and halted trading of Tesla's shares after nonchalantly tweeting Tuesday that he was thinking about taking the electric car company private and had "funding secured," securities lawyers say.