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Browse: Home / Musk

Musk

Musk’s “Take Private” Tweets Held Actionable | The D&O Diary

By Securities Docket on April 16, 2020, 8:21 pm

In a now infamous August 7, 2018 post on his Twitter account, Tesla CEO Elon Musk stated that he was “considering taking Tesla private at $420. Funding secured.” This post and several subsequent messages ultimately were the subject of an SEC enforcement proceeding (later settled) as well as several securities class action lawsuits (later consolidated). […]

Posted in SEC, Top | Tagged Musk, Tesla

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