ETFs Heavy with Tesla Down on SEC Lawsuit Against Elon Musk
This article was originally published on ETFTrends.com.
The tweet heard around the capital markets regarding Tesla CEO Elon Musk’s idea of taking the electric auto manufacturer private is now landing him in hot water as the SEC has filed a civil lawsuit against Musk, alleging he issued “false and misleading” statements and failed to communicate material company events to regulators. Shares of [...]