Elon, MASCOTA: Mike Blake / Reuters
Tesla’s shares dropped 5 percent on Friday, October 5, after the tweet by its CEO Elon musk, reports The Washington Times. In his post, he derided the Commission on securities and stock exchanges of the USA.
“Just wanted to point out that the Commission on the enrichment of speculators (Abbreviations Shortseller Enrichment Commission and Securities and Exchange Commission are the same — approx. “Of the tape.ru”) does an incredible job! And a name change in the topic!” — posted by Musk on Twitter.
Previously, the Musk and the Commission came to an agreement in which a business must leave the post of Chairman of the Board of Directors of Tesla and to pay a fine in the amount of $ 20 million. The same amount recovered from the company.
The Commission brought an action against the Mask of a criminal case because of his tweet that he plans to make the company private and buy all shares for 420 dollars, which was higher than their market price. He later abandoned his plans, what was reason to suspect him of fraud affect the stock price. The shareholders appealed to the court, but the Board of Directors of Tesla supported the head of the company in its confrontation with regulatory authorities. “Tesla and the Board of Directors are fully confident Ilona, his integrity and his leadership in the company, which led to the creation of the most successful American car company in more than a century,” reads the official statement.
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