Elon Musk says the SEC’s investigations into Tesla are ‘like having a gun to your child’s head’
by Andrew J. Hawkins from The Verge - All Posts on (#5Y6CQ)
Elon Musk took the Securities and Exchange Commission to task during a TED appearance Thursday, claiming he had the funding to take Tesla private despite the agency concluding that he had not.
I should say actually... with Tesla back in the day, funding was actually secured," Musk said. I want to be clear about that."
Musk has been trading blows with the SEC over the agency's order that his tweets be reviewed by a lawyer before being publicly posted. The order is based on Musk's decision to send the now-notorious funding secured" tweet on August 7th, 2018, in which he claimed to have the finances to take Tesla private at $420 a share. (Tesla has been a publicly traded company since 2010.)
funding was actually secured"
The SEC...