News Formal

The SEC threatens to ban Elon Musk from running any public company

  • 📰 TheEconomist
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 92%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

The SEC is seeking to prove in court that Mr Musk defrauded investors through his bizarre and ill-considered actions

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The US doesn't deserve Musk. He would be much more appreciated in China, UAE... even in Russia.

It’s like the bad dream you can’t wake up from. His insistence to stay put has caused huge losses since August. I think it’s down almost 14% today. 👎 I just wish he’d go to detox and call it a sabbatical. Love him. He’s an innovator but an addict and he’s not serving the company

he'll be fine. he'll get fined. there's no way they're removing him from the company for saying tsla is secured at 420 per share in a tweet.

Oops!

He will just launch another company.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

SEC sues Elon Musk for ‘misleading’ tweets, seeks to bar Tesla CEO from running public companyThe U.S. Securities and Exchange Commission seeks to ban Tesla Inc. Chief Executive Elon Musk from serving in that role in a lawsuit alleging that Musk misled investors when he said on Twitter that he was considering taking the car maker private. Time to buy... 🤔
Source: MarketWatch - 🏆 3. / 97 Read more »