Elon Musk Sued for Fraud, SEC Seeks Removal from Tesla

Securities and Exchange Commission (SEC) filed a lawsuit on Thursday against Elon Musk alleging that Tesla CEO made “false and misleading statements”. Namely, Musk is accused of misleading investors with a post he published on Twitter last month stating that he is considering to take Tesla private at $420 and funding is secured. This statement … Continue reading Elon Musk Sued for Fraud, SEC Seeks Removal from Tesla