Tesla served another subpoena over Elon Musk's 2018's 'go-private' tweets, filing shows

 

Tesla, the world's most valuable car maker, received a subpoena from the US Securities and Exchange Commission on June 13 regarding its co-founder and chief executive Elon Musk’s tweets on taking the company private in 2018, a regulatory filing showed on Monday.

Tesla said it will co-operate with the authorities.

Billionaire businessman Mr Musk exposed himself to legal risk by tweeting on August 7, 2018, that he had secured the funding to take Tesla private at $420 a share. He did not provide details to support his claim.

To know more:https://www.thenationalnews.com/business/technology/2022/07/25/tesla-issued-fresh-subpoena-over-elon-musks-2018s-go-private-tweets-filing-shows/