Elon Musk sued for fraud, might be ousted from Tesla...


NewsBytes | 2018-09-28 06:22 UTC

Tesla CEO Elon Musk has been sued for fraud by US federal regulators over his Tesla privatization tweet. The lawsuit seeks to bar Musk from serving an executive or director of publicly traded companies like Tesla. Musk had earlier tweeted that he had funding secured for the privatization move.

By shubham400 on 2018-09-28 06:22 UTC
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