The SEC disclosed a new lawsuit against Tesla CEO Elon Musk over late disclosure of Twitter stock purchases in 2022.
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.
The Securities and Exchange Commission sued Tesla CEO Elon Musk for allegedly delaying a disclosure of a stake in Twitter—allowing him to "underpay by at least $150 million for shares he purchased after his beneficial ownership report was due.
Elon Musk is being sued by the U.S. Securities and Exchange Commission over his 2022 Twitter takeover. The agency alleges that the billionaire failed to disclose his ownership of Twitter stock in a timely manner, saving himself at least $150 million “at the expense of shareholders.”
Elon Musk is facing a lawsuit from the SEC for allegedly not properly disclosing his ownership of Twitter, which allowed him to acquire shares at lowe
Tesla Inc. (NASDAQ:TSLA) senior executive and Cybertruck lead engineer Wes Morrill on Monday pitched health reasons to adopt electric vehicles over environmental concerns, following President Donald Trump‘s cancelation of former President Joe Biden’s EV targets.
The Securities and Exchange Commission (SEC) has filed a lawsuit against Tesla CEO Elon Musk for allegedly not properly disclosing his ownership of X, formerly Twitter, as required by the US federal law,
I have been against a TikTok ban for a long time, because it goes against freedom of speech. That said, the current situation where TikTok is allowed to operate in America, but 𝕏 is not allowed to operate in China is unbalanced.
Social media users can't stop talking about Elon Derangement Syndrome, a strange online trend that's taking over Twitt
Xiaomi SU7 outsells Tesla Model 3 in December 2024. Competitive pricing and local appeal are reshaping China’s EV market.
The value of Tesla’s brand dropped for a second straight year, according to research and consulting firm Brand Finance.
Tesla bull Ross Gerber doubts the effectiveness of Donald Trump's executive order to delay TikTok's federal ban, citing national security laws, as Elon Musk's X emerges as a contender for TikTok's U.S.