Tesla Shares Fall After Musk Mocks SEC On Twitter

Tesla Shares Fall After Musk Mocks SEC On Twitter
Shares of Tesla fell as much as 4 percent on Friday, after Chief Executive Elon Musk stirred nerves about the settlement of his securities fraud lawsuit by mocking the U.S. Securities and Exchange Commission on Twitter. The tweet calling the SEC the “Shortseller Enrichment Commission”. The tweet coming just hours after a federal judge ordered Musk and the SEC to write a letter justifying a settlement which allows him to remain in charge at Tesla.

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