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United States Securities and Exchange Commission v. Musk

  1. October 04, 2018

    Elon Musk, SEC Told To Justify $20M Settlement Over Tweets

    A New York federal judge on Thursday told Elon Musk and the U.S. Securities and Exchange Commission to justify their settlement, which would see Musk step down as chair of Tesla Inc. and pay a $20 million fine to end the SEC's allegations that he posted misleading Twitter messages about taking Tesla private.

  2. September 30, 2018

    Musk To Pay $20M In Settlement Over Going-Private Tweets

    Elon Musk has agreed to step down as chairman of Tesla Inc. and pay a $20 million fine as part of settlements unveiled by the U.S. Securities and Exchange Commission on Saturday, two days after the agency sued Musk for allegedly having posted misleading Twitter messages about taking Tesla private.

  3. September 27, 2018

    SEC Sues Tesla CEO Elon Musk Over Going-Private Tweets

    The U.S Securities and Exchange Commission sued Tesla CEO Elon Musk on Thursday in New York federal court for allegedly making a baseless assertion last month that he was prepared to take his company private at a significant premium to its stock price at the time.