The SEC filed a lawsuit against Elon Musk for securities fraud over a market-moving tweet in August about possibly taking Tesla private. The news is just the latest development in a tumultuous year for the CEO. Photo illustration: Heather Seidel/The Wall Street JournalElon Musk took to Twitter on Monday with messages that sowed confusion about his official role at Tesla Inc., a month after a settlement with federal regulators intended in part to better govern his public statements. “Deleted my Tesla titles last week to see what would happen,” said a post on Mr. Musk’s official Twitter account Monday afternoon. Seems fine so far.” Less than 90 minutes later, at 3:06 p.m. PDT, he suggested in another tweet that he would take the title of president to fulfill...

Source: Wall Street Journal October 30, 2018 00:51 UTC