Tag Archives: Musk

Musk lawyers move to dismiss cave explorer lawsuit over “pedo guy” tweets

Enlarge / Elon Musk speaks in Austin, Texas, on March 10, 2018. (credit: FilmMagic/FilmMagic for HBO) On Wednesday, lawyers representing Elon Musk asked a federal judge to dismiss a defamation lawsuit brought by a British cave explorer whom Musk called … Continue reading

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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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