SEC Files Lawsuit Against Elon Musk, Demanding Testimony in Twitter Investigation

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Source: Barron's
SEC Files Lawsuit Against Elon Musk, Demanding Testimony in Twitter Investigation
Photo: Barron's
TL;DR

The Securities and Exchange Commission (SEC) is suing Elon Musk and seeking his testimony in a Twitter probe after he skipped a scheduled appearance in September. The SEC is now asking a court to compel Musk to appear. Despite this legal action, Tesla's stock has not been significantly impacted.

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