Tesla shares drop more than 11% after SEC charges CEO Elon Musk with fraud
https://www.cnbc.com/2018/09/27/tesla-shares-after-sec-charges-ceo-elon-musk-with-fraud.html
Shares of Tesla dropped sharply in after-hours trading Thursday court documents showed the Securities and Exchange Commission is suing Elon Musk for fraud.
Sources close to the company told CNBC the company was also expecting to be sued, though Tesla was not named as a defendant in the complaint.