Elon Musk’s ‘funding secured’ tweet could cost Tesla millions, former SEC chairman says (TSLA)

The SEC is reportedly inquiring into a tweet from Tesla CEO Elon Musk about the potential for the company to go private. An inquiry from the SEC does not necessarily mean an investigation will follow, but if the agency does determine one is necessary, it will start by looking at a tweet Musk posted on Tuesday, Harvey Pitt, a former SEC chairman, told Business Insider. If Musk is found guilty of misconduct, potential punishments could range from hundreds

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