Filed under: Government/Legal,Tesla U.
S. regulators are asking Tesla Inc why Chief Executive Elon Musk announced his plan to buy the electric carmaker private on Twitter and whether his statement was truthful, the Wall Street Journal reported on Wednesday.
Musk announced his plan on his personal Twitter account on Tuesday, and the U.S. Securities and Exchange Commission has asked Tesla about the facts of the matter,why it was disclosed on Twitter rather than in a regulatory filing and whether it believed investor-protection rulContinue reading U.S. SEC examining Musk's tweets on taking Tesla privateU.
S. SEC examining Musk's tweets on taking Tesla private originally appeared on Autoblog on Wed, 08 Aug 2018 18:02:00 EDT. Please see our terms for expend of feeds.
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Source: autoblog.com