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Monday, February 25, 2019

Tesla's Musk risks contempt charge as SEC argues tweets violate deal

The U.S. Securities and Exchange Commission on Monday said Tesla Inc Chief Executive Officer Elon Musk had violated a fraud settlement by making new inaccurate statements on Twitter, pursuing a contempt order against the electric car chief and sending shares of the company down 5 percent in extended trade.


from Reuters: Technology News https://ift.tt/2T0T89R

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