The tide may be finally turning for Elon Musk as the US Securities and Exchange Commission (SEC) has filed fraud charges against the entrepreneur.
The charges stem from a tweet he sent in August saying he was considering taking Tesla, his troubled electric car business, private with Saudi investment.
The specific tweet –“Am taking Tesla private at $420. Funding secured”– was redolent of the billionaire’s habit of trying to divert attention whenever something controversial is...
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