Tag Archives: SEC

SEC settlement buoys Tesla share prices

Tesla’s share price jumped today as dramatically as it fell on Sept. 28, thanks largely to this weekend’s settlement of the Securities and Exchange Commission’s complaints against the company and its CEO, Elon Musk. After falling 14 percent on Sept. 28, … Continue reading

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Elon Musk agrees to resign as Tesla chairman

By Todd Bishop and Alan Boyle Elon Musk has agreed to step down as Tesla’s chairman for three years but will remain CEO of the electric car maker, under the terms of documents filed today to settle a securities fraud … Continue reading

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Elon Musk calls SEC charges ‘unjustified’

Update: Elon Musk and Tesla settle with SEC. Tesla’s billionaire CEO and chairman, Elon Musk, is calling the Securities and Exchange Commission’s fraud claims against him “unjustified” after reportedly passing up a settlement deal that would have temporarily forced him from … Continue reading

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SEC charges Tesla’s Elon Musk with securities fraud

Update: Elon Musk and Tesla settle with SEC. The Securities and Exchange Commission has charged Tesla’s billionaire CEO and chairman, Elon Musk, with securities fraud over a series of controversial tweets focusing on the electric-car company’s future financial status. If … Continue reading

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