SEC sues Elon Musk for fraud, seeks to remove him from Tesla

Tesla CEO Elon Musk (R) sits beside senior counselor to the president at the White House on February 3, 2017.
(Reuters) — The U.S. Securities and Exchange Commission on Thursday accused Tesla Chief Executive Elon Musk of fraud and sought to remove him from his role in charge of the electric car company, saying he made a series of “false and misleading” tweets about potentially taking Tesla private last month. Musk, 47, is the public face of Tesla and…Read More

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