Elon Musk and Tesla to pay $40m to settle SEC case over tweets

Elon Musk and Tesla to pay $40m to settle SEC case over tweets

6 years ago
Anonymous $oIHRkISgaL

https://www.theguardian.com/technology/2018/sep/29/elon-musk-tesla-40m-sec-case-tweets

The Securities and Exchange Commission said on Saturday it had reached a settlement with the automaker Tesla and its chief executive, Elon Musk, over his 7 August tweets about taking the company private.

Related: Tesla shares drop as analysts divided on Musk’s future with the company

Elon Musk and Tesla to pay $40m to settle SEC case over tweets

Sep 29, 2018, 10:21pm UTC
https://www.theguardian.com/technology/2018/sep/29/elon-musk-tesla-40m-sec-case-tweets > The Securities and Exchange Commission said on Saturday it had reached a settlement with the automaker Tesla and its chief executive, Elon Musk, over his 7 August tweets about taking the company private. > Related: Tesla shares drop as analysts divided on Musk’s future with the company