Were the production targets for the Model 3 misleading investors? Was Musk's taking Tesla private statement out of line? The SEC wants to find out.
Tag: tesla private
In order for a final decision to be made surrounding the settlement between Tesla CEO Elon Musk and the SEC, a judge requested a joint letter of explanation.
That came and went fast. The SEC has reached an agreement with Tesla CEO Elon Musk. Good news is that he remains in charge of Tesla, though there are some downsides.
The Securities and Exchange Commision has formally listed Tesla CEO Elon Musk as a defendant in a lawsuit. Read the entire lawsuit embedded here.
After pressure from shareholders and advisers, Musk and Tesla's Board have come to the conclusion that "the better path is for Tesla to remain public".
He's only considering, yet the whole world is now shouting out that Tesla will go private into the hands of Elon Musk. TSLA stock soars.