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Comment by rvz

This is why [0]

> The Securities and Exchange Commission announced today that Elon Musk, CEO and Chairman of Silicon Valley-based Tesla Inc., has agreed to settle the securities fraud charge brought by the SEC against him last week. The SEC also today charged Tesla with failing to have required disclosure controls and procedures relating to Musk’s tweets, a charge that Tesla has agreed to settle.

Essentially by agreeing to pay for the charges, he already told us he committed securities fraud without admitting it.

[0] https://www.sec.gov/news/press-release/2018-226

parent rvz 4 years ago

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