SEC subpoenaed Tesla in November after Elon Musk tweet, filing reveals
by Reuters from on (#5VWQS)
The subpoena was issued on 16 November after Musk polled his Twitter followers on whether he should sell 10% of his shares
Tesla said on Monday it received a subpoena from the US securities regulator related to a settlement that required tweets from its chief executive, Elon Musk, on material information to be vetted.
The subpoena by the Securities and Exchange Commission (SEC) was issued on 16 November, some 10 days after Musk asked his Twitter followers if he should sell 10% of his stake in the company, triggering a stock selloff.
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