Tesla investors sue to stop Elon Musk’s ‘unchecked’ use of Twitter

Your daily selection of the top trending News

According to

The SEC isn’t the only one concerned that Elon Musk may have crossed the line (again) with his tweets. A group of institutional investors has sued to stop Musk’s “unchecked use of Twitter” to make “repeated misstatements” they believe hurt Tesla and, of course, its shareholders. Musk allegedly violated his duties to investors when he tweeted that Tesla would make “around 500k” cars in 2019, and backers want permanent safeguards to be sure this doesn’t happen again. |

  • Got any news, tips or want to contact us directly? Feel free to email us: esistme@gmail.com.
    To see more posts like these; please subscribe to our newsletter. By entering a valid email, you’ll receive top trending reports delivered to your inbox.


This article and images were originally posted on [Engadget]. Credit to the original author and Engadget | ESIST.T>G>S Recommended Articles Of The Day


Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.