How the S.E.C. May Pursue a Case Against Elon Musk and Tesla - News Summed Up

How the S.E.C. May Pursue a Case Against Elon Musk and Tesla


Mr. Musk gave an emotional interview to The New York Times about how “excruciating” the past year has been. Another danger to Tesla and Mr. Musk is this: The S.E.C. could seek to bar Mr. Musk from serving as a director or an officer of a public company if he is found to have committed fraud. It could force Mr. Musk out of Tesla. Mr. Musk could offer a more innocent explanation, such as he was merely jumping the gun to reveal his desire to take the company private.


Source: New York Times August 24, 2018 11:00 UTC



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