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Tuesday, 26 February 2019

Elon Musk: SEC asks judge to hold CEO in contempt for violating deal

Move follows settlement between regulator, Tesla and Musk over tweets pledging to take firm private

The US Securities and Exchange Commission on Monday asked a judge to hold Tesla’s CEO, Elon Musk, in contempt for violating last year’s settlement with the federal agency.

Shares of Tesla fell about 5% in extended trading.

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from The Guardian https://ift.tt/2IC1LmK

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