https://www.cnbc.com/2018/10/01/tesla-shares-surge-over-15-percent-after-sec-settlement.html > Tesla shares were up over 15 percent in pre-market trade on Monday after Chief Executive Elon Musk settled charges with the Securities and Exchange Commission (SEC). > The SEC charged Tesla with fraud alleging CEO Elon Musk issued "false and misleading" statements and failed to properly notify regulators of material company events. The charges were in relation to a tweet that Musk posted in August saying he was considering taking the electric carmaker public at $420 a share.