The fraud settlement between Elon Musk, Tesla and the SEC resolved a lawsuit brought by the regulator over claims the electric car maker’s chief executive made on Twitter in August that he had “funding secured” to take the firm private at US$420 per share. Photo: AP

Elon Musk tweet about Tesla violates settlement agreement, US regulator tells court

  • The regulator has alleged that Musk violated a September settlement of fraud charges by tweeting material information about Tesla
Topic |   Tesla

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The fraud settlement between Elon Musk, Tesla and the SEC resolved a lawsuit brought by the regulator over claims the electric car maker’s chief executive made on Twitter in August that he had “funding secured” to take the firm private at US$420 per share. Photo: AP
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