SEC charges Elon Musk with fraud

SEC charges Elon Musk with fraud

6 years ago
Anonymous $oIHRkISgaL

https://thenextweb.com/money/2018/09/27/sec-elon-musk-fraud/

Elon Musk, Tesla‘s controversial CEO, is now being sued by the Securities and Exchange Commission (SEC) over his tweets last month about taking the company private, which allegedly hurt investors and disrupted the market.

In the complaint, the SEC claims Musk made a series of “false and misleading statements” about his idea to take the company private. Here’s the main thrust of the complaint: