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SEC is unhappy that Elon Musk did not give testimony to the financial regulator to attend a SpaceX launch [Business Insider]

Tesla, Inc. (TSLA)  More Company Research Source: Business Insider
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Musk's lawyer said the launch timing constituted an emergency and that sanctions are a "drastic action." The US Securities and Exchange Commission wants a federal judge to show Elon Musk that there will be serious costs if he blows off court-ordered testimony in the agency's probe of his takeover of Twitter , according to court documents filed Friday. "Without further action by the Court, nothing deters Musk from violating the May 31, 2024 Order again by simply failing to show up for that date," Robin Andrews, an SEC attorney, wrote in a court filing. For now, the SEC does not want to sanction Musk; it just wants the X owner to know that he will face repercussions if he misses his now-rescheduled testimony early next month. The commission is investigating Musk's 2022 acquisition of Twitter, later rebranded as X. The SEC has previously disclosed that it is investigating whether Musk violated securities law by secretly amassing Twitter stock in 2022 and statements he made befor [Read more]
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Stockreport

SEC is unhappy that Elon Musk did not give testimony to the financial regulator to attend a SpaceX launch [Business Insider]

Tesla, Inc.  (TSLA) 
More Company Research Source: Business Insider
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Musk's lawyer said the launch timing constituted an emergency and that sanctions are a "drastic action." The US Securities and Exchange Commission wants a federal judge to show Elon Musk that there will be serious costs if he blows off court-ordered testimony in the agency's probe of his takeover of Twitter , according to court documents filed Friday. "Without further action by the Court, nothing deters Musk from violating the May 31, 2024 Order again by simply failing to show up for that date," Robin Andrews, an SEC attorney, wrote in a court filing. For now, the SEC does not want to sanction Musk; it just wants the X owner to know that he will face repercussions if he misses his now-rescheduled testimony early next month. The commission is investigating Musk's 2022 acquisition of Twitter, later rebranded as X. The SEC has previously disclosed that it is investigating whether Musk violated securities law by secretly amassing Twitter stock in 2022 and statements he made befor [Read more]
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TSLA
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Price Change %
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LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
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%
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AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS