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SEC Could Face Backlash if Elon Musk Is Exonerated
- Agency is said to feel pressure to bring case over CEO’s tweet
- Investigation is highest-profile of Chairman Clayton’s tenure
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For months, the U.S. Securities and Exchange Commission had been quietly and methodically scrutinizing Tesla Inc.
Then Elon Musk tweeted, forcing the SEC to change its approach in an investigation that’s now putting intense pressure on the regulator.