SEC Sues Tesla CEO Musk, Alleges Fraud Over Privatization Plan

September 9, 2018 | From The Web, Industry News

The Securities and Exchange Commission has sued Tesla CEO Elon Musk, alleging he committed fraud when tweeting and posting about his plans to take the carmaker private last month. While the company wasn’t named in the suit, it’s likely only a matter of time, according to Tesla officials. Find out what it means for Musk and Tesla at TheDetroitBureau.com.

Source:: The Detroit Bureau

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