San Francisco: Tesla CEO Elon Musk has again provoked the US market regulator, the Securities and Exchange Commission, while celebrating the surge in the
San Francisco: Tesla CEO Elon Musk has again provoked the US market regulator, the Securities and Exchange Commission, while celebrating the surge in the company’s stock.
In a tweet on Thursday, Musk referred to the SEC as the Shortseller Enrichment Commission.
The tech billionaire made a similar reference to the SEC in October 2018 after the regulator accused him of securities fraud, The Detroit News reported.
In September 2018, the SEC filed a lawsuit against Musk over a tweet that claimed that he had funding to take Tesla private at $420 a share.
