SEC Sues Tesla CEO Elon Musk
by Vanessa Romo
Sep 27, 2018
2 minutes
Updated at 6:03 p.m. ET
The U.S. Securities and Exchange Commission is suing Tesla CEO Elon Musk, alleging securities fraud a month after he announced that he planned to take the publicly traded electric-car company private.
"Musk's false and misleading public statements and omissions caused significant confusion and disruption in thesays.
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