Tag Archives: Musk

Musk settles—out as Tesla chairman, owes $20 million in penalties

Enlarge (credit: Joshua Lott/Getty Image) Elon Musk reached a settlement today with the Securities and Exchange Commission (SEC) on a charge of securities fraud. Within the next 45 days, Musk will have to step down as chairman of Tesla and … Continue reading

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Elon Musk and Tesla Settle With S.E.C. in Fraud Case

After walking away from a deal, Tesla’s chief agreed to give up the chairmanship for three years and pay a $20 million fine. Read more detail on Recent Business Law posts –

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Elon Musk, Tweets, Fines, and Deductibility

By Norio Nakayama, CC BY-SA 2.0By Sam Brunson In the beginning of August, Elon Musk tweeted that he had secured financing to take Tesla private at $420 per share. It turned out that he, um, hadn’t. In the meantime, though, … Continue reading

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SEC Files Securities Fraud Suit Against Elon Musk Over Take-Private Tweets

Elon Musk’s August 7, 2018 Tweets, in which he had “secured” funding to take Tesla private at a substantial premium over the then-current share price, have already produced a storm of controversy and a series of securities class action lawsuits … Continue reading

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Elon Musk demonstrates how smoking marijuana and drinking whiskey still prompt different reactions

Elon Musk often generates a lot of media attention, especially from news outlets like CNBC. But this CNBC article, headlined "Elon Musk smokes weed, sips whiskey on Joe Rogan's podcast," reports on the reasons he is making a lot of … Continue reading

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