Friday, September 28, 2018

U.S. regulator sues Musk for fraud, seeks to remove him from Tesla

NEW YORK/SAN FRANCISCO (Reuters) - The U.S. Securities and Exchange Commission accused Tesla Inc (TSLA.O) Chief Executive Elon Musk on Thursday of fraud and sought to remove him from his role in charge of the electric car company, saying he made a series of “false and misleading” tweets about potentially taking Tesla private last month.

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