Tesla staying public won’t resolve SEC regulatory troubles, experts say - News Summed Up

Tesla staying public won’t resolve SEC regulatory troubles, experts say


Tesla chief executive Elon Musk speaks during a media tour of a factory that will produce batteries for the electric carmaker in Sparks, Nev., in 2016. The bold tweet sent Tesla’s stock skyward, but it also drew intense scrutiny. Several investors have also sued Tesla, alleging that Musk’s announcement was intended to manipulate the price of the company’s stock. But even after Musk abandoned his plans to take Tesla private, experts say the potential regulatory and legal troubles for Tesla remain. Tesla’s shares ended the trading day Monday at $319.27.


Source: Washington Post August 27, 2018 13:53 UTC



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