The SEC Says Elon Musk’s Rationale for Continuing to Send Out Bad Tweets ‘Borders on the Ridiculous’

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  • March 19, 2019

Last year, Tesla CEO Elon Musk sent out a baffling tweet saying that he had “funding secured” to take the company private at a share price of $420 (which some readers may recognize as the weed number). It turned out no such deal had been finalized, the Securities and Exchange Commission slapped Musk with fraud…

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The SEC Says Elon Musk’s Rationale for Continuing to Send Out Bad Tweets ‘Borders on the Ridiculous’