Tesla's Elon Musk Strains at SEC Leash With Tweets



When Elon Musk last week on Twitter said Tesla Inc. would build 500,000 vehicles this year, only to clarify himself a few hours later, it set off alarm bells inside the regulator he had been goading for months.

Officials at the Securities and Exchange Commission had quietly watched as the chief executive seemed to flout the terms of his October settlement, which required the electric-car maker to scrutinize all of Mr. Musk’s Twitter messages that might affect the company’s stock—such as predicting how many cars Tesla might…



READ SOURCE

READ  Space Force launch zooms closer to reality under President Trump's directive

LEAVE A REPLY

Please enter your comment!
Please enter your name here