Tesla shares plunge after US fraud suit against Musk

Tesla shares plunge after US fraud suit against Musk

6 years ago
Anonymous $oIHRkISgaL

https://phys.org/news/2018-09-tesla-plunge-fraud-musk.html

The broad-based S&P 500 shed 0.2 percent to 2,909.67, while the tech-rich Nasdaq Composite Index declined 0.3 percent 8,019.29.

Tesla was off about 11 percent at $273.60 following a bombshell announcement by the US Securities and Exchange Commission late Thursday that it was charging Musk for making "false and misleading" statements on Twitter on a now-aborted effort to take the electric car maker private.

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