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Not targeting Tesla CEO Elon Musk with endless probes, says US SEC

This month, Tesla disclosed in a regulatory filing that on Nov 16 the agency sought information about the company's governance processes and compliance with the settlements

Elon Musk
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Photo: Bloomberg

Dana Hull | Bloomberg
The U.S. Securities and Exchange Commission denied it’s targeting Tesla Inc. Chief Executive Officer Elon Musk with endless probes, as he claimed in a letter to a judge earlier this week.
 
The SEC reached settlements with Musk and Tesla in September 2018 after suing Musk over his infamous “funding secured” tweets in which he claimed to have investor support for taking Tesla private at $420 a share. 

This month, Tesla disclosed in a regulatory filing that on Nov. 16 the agency sought information about the company’s governance processes and compliance with the settlements.

Alex Spiro, Musk’s outside counsel, claimed in

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First Published: Feb 19 2022 | 9:18 AM IST

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