Tag: sec

BUSINESS Commerce Social media

SEC Punishes Elon Musk For Out Of Step Behavior

The Securities and Exchange Commission (SEC) has forced Elon Musk to step down as Tesla’s chairman and pay a fine in a negotiated settlement over tweets he posted about taking the firm private. The decision came as the SEC sought to sue Musk for alleged securities fraud. Under the deal, Musk will remain as Tesla CEO but must give up […]