Why Tesla Is In Trouble With The SEC Again Amid Elon Musk’s War With Biden
Posted on AllSides February 7th, 2022
From The Center
Tesla (TSLA) has received another subpoena from the Securities and Exchange Commission over CEO Elon Musk’s tweets, the electric carmaker revealed Monday.
The subpoena came in November and was disclosed in the company’s annual filing.
The subpoena follows a tweet that Musk posted in November that asked his 73 million followers if he should sell 10% of his stake in Tesla to pay his taxes, which he said in December was over $11 billion.
Tesla’s stock dipped 16% in the next two trading days following the tweet from Musk about selling his shares, Bloomberg reported.
