Elon Musk private company tweet News

Investor Suit Alleges Tesla CEO Musk’s Tweets Violate SEC Pact

Tesla Inc. Chief Executive Elon Musk has been sued by a shareholder who accused him of violating his 2018 settlement with the U.S. Securities and Exchange Commission over his Twitter use. According to a complaint unsealed late Thursday in Delaware …

Judge Clears Way for Shareholder Suit Against Tesla, Musk Over Going-Private Tweet

A federal judge said Tesla Inc. and Chief Executive Elon Musk must face a lawsuit claiming they misled shareholders when Musk tweeted that he had secured funding to take his electric car company private in a $72 billion transaction. U.S. …

Musk Battles Defamation by Tweet Claim Brought by British Diver

A British diver who is suing Tesla CEO Elon Musk for defamation can’t recover damages because the diver allegedly started the spat and his reputation hasn’t been harmed, a new attorney for Musk says in a court filing. Vernon Unsworth …

Settlement with Tesla’s Musk Reflects SEC Strategy of Targeting Individual Executives

A high-profile settlement with Tesla Inc. Chief Executive Elon Musk exemplifies a recent push by the U.S. Securities and Exchange Commission to go after executives and not just their companies, securities law experts said. In the last week, the SEC …