Tesla's Musk Ready To Fight SEC Push To Have Him Removed

Entertainment (now)
Entertainment (now)
  • 6 years ago
According to a report by Reuters, on Friday, Tesla CEO Elon Musk could settle with US regulators who have sued to remove him from the electric carmaker's leadership, however he is ready for a fight opposing the securities fraud lawsuit against him in court. On Thursday, the US Securities and Exchange Commission accused Musk of tweeting false and misleading information in August regarding financing for his now-scrapped plan to take the company private.

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