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The SEC is probing Elon Musk's role in Tesla's marketing of its self-driving software, according to a recent report from ...
"Elon Musk’s Tesla Tweets Could Cost Him Billions More — in Court." Associated Press. "In Court Brief, Musk Says the SEC Is Unlawfully Muzzling Him." ...
"Elon Musk Settles SEC Fraud Charges; Tesla Charged With and Resolves Securities Law Charge." Associated Press. "In Court Brief, Musk Says the SEC Is Unlawfully Muzzling Him." ...
However, Musk appealed that settlement in 2022, asking the 2nd U.S. Circuit Court of Appeals in Manhattan to overturn a decision allowing his consent decree with the SEC to stand. Musk did not ...
It was later revealed that Musk had not actually secured the funding. After an investigation, the SEC fined him $40 million, and Musk was forced to step down as chair of Tesla’s board.
Elon Musk took the witness stand Friday to defend a 2018 tweet claiming he had lined up the financing to take Tesla private ...
Musk has previously contended he entered into the SEC settlement under duress and maintained he believed he had locked up financial backing for a Tesla buyout during meetings with representatives ...
(Twitter's character limit is 280 characters, but Musk repeatedly said it was 240 characters during his testimony.) Porritt responded, "There's no exception in SEC rules based on the character ...
Musk later said that he had been in discussions with Saudi Arabia's sovereign wealth fund and felt sure that funding would come through at his proposed price. A deal never materialized. The SEC ...
In testimony that was at times fiery and combative, Elon Musk came extremely close to expressing regret that Tesla investors lost money as a result of his tweets. Musk took the stand for a third ...
The Securities and Exchange Commission (SEC) already reached a settlement with Musk and Tesla in a separate suit over the tweets. Musk and Tesla each agreed to pay $20 million worth of fines to ...
“I do not believe they actually represent the shareholders," Musk said of plaintiffs counsel at Levi & Korsinsky. A judge struck from the record several statements from Tesla CEO Elon Musk ...
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