Tesla shares sink on SEC lawsuit; sources say Musk could settle

Tesla shares sink on SEC lawsuit; sources say Musk could settle

6 years ago
Anonymous $oIHRkISgaL

https://www.reuters.com/article/us-tesla-musk-stocks/tesla-shares-sink-on-sec-lawsuit-sources-say-musk-could-settle-idUSKCN1M81DG

Shares of Tesla Inc plunged 13 percent on Friday after U.S. securities regulators accused Elon Musk of fraud and sued to have him banned from the leadership of the electric carmaker, although sources said the high-tech billionaire could still reach a settlement.