Article 5WFV0 Elon Musk and brother under investigation for alleged insider trading

Elon Musk and brother under investigation for alleged insider trading

by
Kari Paul and agencies
from Technology | The Guardian 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.

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