Tesla gets second SEC subpoena over Musk’s 2018 go-private tweet

Published by
Reuters UK

(Reuters) -Tesla Inc on Monday disclosed it has received a second subpoena from the U.S. Securities and Exchange Commission over its Chief Executive Elon Musk’s tweets in 2018 about taking the electric automaker private. Tesla said in a filing that it received the subpoena on June 13. The regulator had initially subpoenaed the company in November related to a settlement that required Musk’s tweets on material information to be vetted. The November subpoena came days after Musk asked his Twitter followers whether he should sell 10% of his Tesla stake to cover tax bills on stock options. The com…

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