SEC, Musk and Twitter
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Under the settlement with the SEC, a trust in Musk’s name would pay a $1.5 million civil penalty to the government and not admit that Musk committed any violation. The deal requires court approval, and Judge Sparkle Sooknanan expressed skepticism at a hearing yesterday in US District Court for the District of Columbia.
Judge flags concerns: U.S. District Judge Sparkle Sooknanan questioned the motives behind removing Musk as a defendant and slashing penalties in the SEC settlement. Settlement terms shift: The deal replaced Musk with a legal trust, cut sought penalties by ...
Even as Elon Musk and President Donald Trump no longer appear to be on speaking terms, the Tesla CEO’s popularity among the Republican base is on the rise, according to polling. Trump and Musk’s friendly relationship came to a dazzling end on Thursday ...
Elon Musk is coming under growing pressure to choose between Tesla and DOGE, after the automaker's terrible start to the year. Tesla investors are increasingly restless ahead of a critical earnings report on Tuesday, with one prominent analyst saying the ...
The latest instance of a stock market slide sparked by investor unease from the latest move by President Donald Trump is none other than Tesla, the electric vehicle company led by Elon Musk, the world’s richest man and the self-described “first buddy ...