Tag Archives: Tweets

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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Tesla Directors Do Damage Control After Elon Musk Tweets

Tesla’s board of directors has hired multiple outside law firms, and a number of board members and Tesla employees have urged Mr. Musk to stop posting on Twitter. Read more detail on Recent Business Law posts –

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GAO – Focusing on “Just Facts” with new tweets

WASHINGTON, DC (August 13, 2018) – “The U.S. Government Accountability Office (GAO) issues nearly one thousand reports, testimonies and legal decisions each year, all based on non-partisan, fact-based work. And while the headlines quickly fade in today’s fast-paced news cycle, … Continue reading

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Tesla Investors File Securities Suits Over Elon Musk’s Take-Private Tweets

I have long thought that it was only a matter of time before somebody filed a securities class action lawsuit based on disclosures made through social media. I knew we were going to see that lawsuit someday or other. Well, … Continue reading

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