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SEC subpoenas Tesla over settlement regarding Musk's tweets
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SEC subpoenas Tesla over settlement regarding Musk's tweets
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9th February 2022, 14:47
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| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 153,541
 |  SEC subpoenas Tesla over settlement regarding Musk's tweets Tesla has received a subpoena from the Securities and Exchange Commission in November 2021, according to Reuters and CNBC. The automaker has revealed the information in a financial filing, noting that the agency, in particular, is seeking information on its "governance processes around compliance with the SEC settlement, as amended." November's subpoena was issued shortly after company chief Elon Musk asked his followers on Twitter if he should sell 10 percent of his stake in Tesla. The automaker's shares slid sharply following that tweet. https://www.engadget.com/sec-subpoen...3.html?src=rss |
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