SEC has indicted Tesla's CEO Elon Musk regarding his infamous tweet
disclosing that he had the necessary financing to take his company private at $420
Stating that his "social media" announcement caused "significant confusion and disruption
in the marketplace resulting in harm to investors "the SEC has filed to remove Musk
from his title of CEO of the company he founded.
The stock which traded above $380 a share
after the supposed funding for a buyout announcement this summer,
plummeted 13 % in after hours trading on 9/27/18, down towards $250 a share.
Oh what we rue when we believe in wife's tales in the market.
THE_UNWIND
disclosing that he had the necessary financing to take his company private at $420
Stating that his "social media" announcement caused "significant confusion and disruption
in the marketplace resulting in harm to investors "the SEC has filed to remove Musk
from his title of CEO of the company he founded.
The stock which traded above $380 a share
after the supposed funding for a buyout announcement this summer,
plummeted 13 % in after hours trading on 9/27/18, down towards $250 a share.
Oh what we rue when we believe in wife's tales in the market.
THE_UNWIND