From memory SEC fined Musk and Tesla and Musk tried playing hardball with them and the SEC immediately doubled the fine. They were willing to start an escalation and Musk finally backed down.
Sounded to me like he was not in a strong position last time and another blatant violation is unlikely to be an easy walk in the park.
The share price has immediately moved, this is just reckless behaviour.
Sounded to me like he was not in a strong position last time and another blatant violation is unlikely to be an easy walk in the park.
The share price has immediately moved, this is just reckless behaviour.