"Just want to that (sic) the Shortseller Enrichment Commission is doing incredible work".
The SEC declined to comment about Musk's tweet.
Musk tweeted August 7 that he had "secured" funding to privatize the electric automaker at $420 a share, causing a brief spike in Tesla's share price. And the name change is so on point!' Musk wrote in a tweet on Thursday, as a federal judge mulls his settlement with the SEC. (FOX), to replace Elon Musk as the company's chairman, people familiar with the matter told The New York Times.
Tesla was not charged with fraud. As a part of the settlement, Elon Musk has agreed to pay $20 Mn each to financial regulators and Musk will step down as the company's chairman but remain as chief executive.
"It bolsters the SEC's argument that to the extent he was misrepresenting the facts, that he was [tweeting] to screw with the shortsellers", Alma Angotti, a managing director at Navigant and former SEC senior counsel said. Ryan White, an SEC spokesman, declined to comment.
Google Assistant has bigger images and new interactive elements
You can now use a simple slider to change the volume of your smart speaker or the amount of light coming from your dimmable lamp. The blog-post however, does not specify by when would the update be available for both, iOS and Android, globally.
Germany has sharply reduced the export of arms to Turkey
The Turkish lira has lost almost 40 per cent of its value against the dollar this year. The following content is sourced from external partners.
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They spend their holidays hiking, and the prime minister enjoys cooking and reading detective novels. And we have a guarantee for the people of Northern Ireland and we are upholding that.
Musk has long waged a rhetorical war against shortsellers-investors who borrow shares of Tesla in order to profit if the price drops.
"I'm shocked", Charles Elson, director of the John L. Weinberg Center for Corporate Governance at the University of DE, said of Musk's attack on the agency.
Elon Musk has hit out at the U.S. financial regulator just days after they reached a deal on fraud charges against him.
In court papers and at a news conference, the regulator went to great lengths to spell out Musk's carelessness and erratic behavior, highlighting his threat earlier this year to "burn" investors betting against Tesla stock.
Musk's tweet on Thursday received more than 2,500 responses, with some users questioning the billionaire's judgment.