SEC sues Elon Musk for fraud and seeks to bar him from leading a company
https://www.theguardian.com/technology/2018/sep/27/sec-sues-elon-musk-and-tesla-over-plans-to-make-company-private
Musk suggested in August that he was preparing to take Tesla private and claimed he had ‘funding secured’
Elon Musk and Tesla have been sued by the Securities and Exchange Commission (SEC) for fraud, over the company’s aborted plans to take the electric car company private.
