Thursday, September 27, 2018

US regulator alleges Elon Musk Tesla fraud



The North American country Securities and Exchange Commission has filed a case against Tesla chief government Elon Musk, during which it alleges securities fraud.

The suit stems from man Musk's claim last month that he had secured funding to require the publicly-traded firm personal.

The regulator says man Musk had created no such plans.


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The case was filed within the North American country District Court in Manhattan.

"In truth and in reality Musk had not even mentioned abundant less confirmed key deal terms, as well as worth, with any potential funding supply," it says.

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