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SEC watchdog says two Musk tweets violated settlement agreement

SEC watchdog says two Musk tweets violated settlement agreement

According to the WSJ, the SEC told Tesla last year that CEO Musk had twice violated a settlement requiring his tweets to be pre-approved by company lawyers. Musk and the SEC agreed in 2019 that the EV maker would vet any material public communications Musk made regarding Tesla. The SEC alleges that tweets Musk wrote about solar roof production volumes and its stock price were not pre-approved.

Vark 2 weeks

The left capitalist establishment really wants to take out this man. Theyre terrified of losing control and power over resources and allowing people new opportunities.

Seekster 2 weeks

He needs to get his tweets pre-approved by company lawyers? Did I read that right? If so wtf!

Big Peeper
Big Peeper 2 weeks

Politicians can manipulate the market but god forbid a private citizen does that

Nickel 2 weeks

Elon can say whatever he wants he can afford it

Green 2 weeks

So Twitter can't restrict him that means the government will step in? Hmm....

Dr. Ötker
Dr. Ötker 2 weeks

So, who wants MORE government?

Karl S
Karl S 1 weeks

He's an attention whore, I'd be glad if someone shut him up.

Kurt 4 days

Genuine question. How come the SEC seems to be more worried about Elon than all the hedge funds manipulating the market? Is this because the hedge funds are using legal methods to manipulate the market? If so, why are they not fixing the loophole? Facts, not opinions would are welcome.

Mitchell 2 weeks

The SEC are a bunch of boomer market manipulators

Nickel 1 weeks

Who cares there's nothing they can do about it

Rational ific
Rational ific 2 weeks

Did Tesla lawyers approve "#DOGE2THEMOON"?

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SEC watchdog says two Musk tweets violated settlement agreement

2 weeks