Tesla shares tumble as much as 6% ahead of Elon Musk’s reported meeting with SEC next week
https://www.cnbc.com/2018/08/17/tesla-tumbles-3point5-percent-ahead-of-elon-musks-reported-meeting-with-sec.html
Shares of Tesla tumbled 6 percent in early trading Friday after a report that CEO Elon Musk will meet with Securities and Exchange Commission officials next week.
The electric carmaker's stock is down 10 percent over the last year and has been especially pummeled in the last week. Shares are down more than 12 percent since Musk tweeted last Tuesday that he was considering taking Tesla private. The SEC began an investigation after the tweet and has reportedly sent out subpoenas for information.