Elon Musk’s Attorney Dismisses SEC Lawsuit as ‘Minor Infraction’ in Legal Defense
Washington, D.C. – In a spirited defense, Elon Musk’s attorney has derided the Securities and Exchange Commission’s (SEC) recent lawsuit against the Tesla CEO as a trivial issue, emphasizing the insignificance of the single charge involved. The lawsuit which draws attention to a tweet Musk made, has sparked a broader conversation about the regulation and oversight of executives’ communications on social media. The controversy centers on a tweet Musk posted in August 2018, stating he had secured financing for a potential private buyout of Tesla at $420 per share, a claim that significantly influenced Tesla’s … Read more