Elon Musk's Tweets Keep Landing Him in Trouble With the SEC
He’s kept Tesla investors on their toes for more than six months now.
Elon Musk
Photographer: David Paul Morris/BloombergThis article is for subscribers only.
Elon Musk has kept Tesla Inc. investors on their toes for more than six months with his tweeting and scuffles with U.S. financial regulators. He is showing no signs of slowing down.
The U.S. Securities and Exchange Commission asked a judge Monday to hold Musk in contempt for violating last year’s settlement with the agency, raising a fresh round of regulatory issues for the electric-car maker’s chief executive officer. The latest controversy involves a tweet Musk posted Feb. 19, yet the spat has been going on since early August.