Elon Musk and brother under investigation for alleged insider trading
by Kari Paul and agencies from on (#5WFV0)
Kimbal Musk sold Tesla shares the day before his brother asked Twitter if he should sell
The US Securities and Exchange Commission has reportedly opened an investigation into whether recent stock sales by Tesla CEO Elon Musk and his brother Kimbal Musk violated insider trading rules.
The SEC inquiry - first reported by the Wall Street Journal on Thursday - was sparked in part by the Tesla CEO's own tweets.
Continue reading...