Tesla stock was up in premarket trading Wednesday as investors were forced to consider—again—what conflict between CEO Elon Musk and the Securities and Exchange Commission means for shares of his electric-vehicle maker.
Elon Musk is being sued by the U.S. Securities and Exchange Commission, claiming he didn't disclose purchases of Twitter stock in 2022 immediately, allowing him to underpay.
The Securities and Exchange Commission waged another legal battle against Tesla CEO and X owner billionaire Elon Musk, this time accusing Musk of defrauding Twitter’s shareholders.
The Securities Exchange Commission has filed suit against Elon Musk, alleging that he violated securities law.
The US Securities and Exchange Commission sues Elon Musk saying he failed to disclose Twitter ownership in a timely manner. View on euronews
The financial regulator wants Musk to pay a civil penalty and remedies over alleged “unjust enrichment” ahead of his 2022 purchase of the social network.
Musk's legal representative Alex Spiro dismissed the SEC's case as a tiny procedural point and called it a 'ticky tack complaint' saying that the agency's why harassment.' Musk ['s] actions are the opposite of overreach, said Spiro, and he had 'done nothing wrong.'
New litigation charging Musk violated disclosure rules during his 2022 acquisition of Twitter may be more about symbolism than enforcement, but ensures his term won't end with a court's dressing-down of the agency.
It's not the first time the Tesla leader has gone toe-to-toe with the SEC. The Securities and Exchange Commission has filed suit against Elon Musk, alleging he violated securities law related to ...
Tesla Inc. faces diverging forecasts for its 2025 delivery growth, with Wall Street's expectations clashing with independent analysts' predictions amid uncertainty over new vehicle launches and potential policy changes.
Donald Trump is already upending corporate America again. He's just at the beginning of his first 100 days in the White House.
Tesla is set to report fourth-quarter earnings after the bell Wednesday, with analysts mostly optimistic about the link between CEO Elon Musk and U.S. President Donald Trump.