Tesla shares sink on SEC lawsuit, sources say Musk could settle — Reuters: Technology News

Shares of Tesla Inc plunged 13 percent on Friday after U.S. securities regulators accused Elon Musk of fraud and sued to have him banned from the leadership of the electric carmaker, although sources said the high-tech billionaire could still reach a settlement.

via Tesla shares sink on SEC lawsuit, sources say Musk could settle — Reuters: Technology News

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