SEC Probes Tesla CEO Musk’s Tweets

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WASHINGTON—U.S. regulators are asking Tesla Inc. whether or not Chief Government Elon Musk was truthful when he tweeted that he had secured funding for what can be the largest-ever company buyout, folks aware of the matter stated.

Officers on the Securities and Trade Fee need to know whether or not Mr. Musk had a factual foundation for tweeting Tuesday that the going-private transaction was all however sure, with solely a shareholder vote wanted to drag it off, the folks stated.



Supply hyperlink – https://www.wsj.com/articles/sec-has-made-inquiries-to-tesla-over-elon-musks-taking-private-tweet-1533757570?mod=pls_whats_news_us_business_f

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