Elon Musk Fraud Case

Elon Musk, the CEO of electric car giant Tesla, will face trial on Tuesday over allegedly manipulating the stock market with a tweet after a federal judge rejected his request to move the case out of California.

Elon Musk is facing a lawsuit from Twitter over his $44 billion (roughly Rs. 3.5 lakh crore) buyout bit, and the case could centre around the company’s bot accounts. Musk has cited Twitter’s failure to provide a tally of its fake or spam accounts to back out of the deal, after which the microblogging service sued the Tesla CEO. Here’s how Twi...

The US Securities and Exchange Commission chairman said on Monday that the agency would not revisit its securities fraud settlement with Tesla Inc despite Chief Executive Elon Musk's tweet mocking the regulator.

The U.S. Securities and Exchange Commission on Thursday accused Tesla Inc Chief Executive Elon Musk of fraud and sought to remove him from his role in charge of the electric car company, saying he made a series of "false and misleading" tweets about potentially taking Tesla private last month.

The Securities and Exchange Commission sued Tesla chief Elon Musk on Thursday and is seeking to ban him from leading any public company, saying he lied to investors when he claimed on Twitter that he had secured the funding to take the automaker private.

Elon Musk, the CEO of electric car giant Tesla, will face trial on Tuesday over allegedly manipulating the stock market with a tweet after a federal judge rejected his request to move the case out of California.

Elon Musk is facing a lawsuit from Twitter over his $44 billion (roughly Rs. 3.5 lakh crore) buyout bit, and the case could centre around the company’s bot accounts. Musk has cited Twitter’s failure to provide a tally of its fake or spam accounts to back out of the deal, after which the microblogging service sued the Tesla CEO. Here’s how Twi...

The US Securities and Exchange Commission chairman said on Monday that the agency would not revisit its securities fraud settlement with Tesla Inc despite Chief Executive Elon Musk's tweet mocking the regulator.

The U.S. Securities and Exchange Commission on Thursday accused Tesla Inc Chief Executive Elon Musk of fraud and sought to remove him from his role in charge of the electric car company, saying he made a series of "false and misleading" tweets about potentially taking Tesla private last month.

The Securities and Exchange Commission sued Tesla chief Elon Musk on Thursday and is seeking to ban him from leading any public company, saying he lied to investors when he claimed on Twitter that he had secured the funding to take the automaker private.