Saturday, September 29, 2018

Tesla shares sink on SEC lawsuit; sources say Musk could settle

Shares of Tesla Inc plunged 13 percent on Friday after U.S. securities regulators accused Elon Musk of fraud and sued to have him banned from the leadership of the electric carmaker, although sources said the high-tech billionaire could still reach a settlement.


from Reuters: Technology News https://ift.tt/2xJ4xPe

No comments:

Post a Comment

Zetwerk IPO: Size, valuation, timeline and other details we know so far

Zetwerk is preparing to confidentially file IPO papers to raise up to $550 million at a $4 billion valuation, including fresh equity and OFS...