Friday, September 28, 2018

SEC Sues Elon Musk For Fraud, Seeks To Force Him Out As Tesla CEO

Securities regulators have accused Tesla CEO Elon Musk of misleading investors with false statements, in a move that could result in his removal from the electric car company he helped launch 15 years ago. In a lawsuit filed in federal court in New York, the Securities and Exchange Commission accuses Musk of committing fraud through public statements that hurt investors. At issue was Musk’s tweet last month that he had secured funding and was thinking about taking the…

from RSSMix.com Mix ID 8262359

SHARE THIS

Author:

Etiam at libero iaculis, mollis justo non, blandit augue. Vestibulum sit amet sodales est, a lacinia ex. Suspendisse vel enim sagittis, volutpat sem eget, condimentum sem.

0 comments: