Elon Musk Seeks to Terminate Tweet-Fueled Fraud Settlement With SEC
On Tuesday, Tesla CEO Elon Musk asked a federal judge to terminate his 2018 settlement with the Securities and Exchange Commission (SEC), Reuters reports. In August of 2018, the SEC sued Musk after he tweeted that he had “funding secured” to potentially take Tesla private at $420 per share. The settlement that followed included a $20 million fine…