https://medium.com/bloomberg/teslas-board-backs-musk-as-sec-sues-seeks-ouster-over-tweets-501e5e4fe9fd > By Matt Robinson and Benjamin Bain > Tesla Inc.’s board backed embattled Chief Executive Officer Elon Musk after the Securities and Exchange Commission sued the billionaire for his explosive August tweet about a buyout of the electric-car company he founded. The shares fell 10 percent in pre-market trading.