'SEC Sues To Force Musk To Testify In Twitter Probe' - CNBC
Portfolio Pulse from Benzinga Newsdesk
The Securities and Exchange Commission (SEC) has filed a lawsuit to compel Tesla CEO Elon Musk to testify in an investigation related to his Twitter activities. The probe is likely related to Musk's tweets that have previously affected Tesla's stock price.
October 05, 2023 | 8:06 pm
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The SEC's lawsuit against Elon Musk could potentially impact Tesla's stock price, as it adds uncertainty around the company's leadership.
The SEC's lawsuit against Elon Musk is directly related to his role as Tesla's CEO. Any potential legal issues for Musk could create uncertainty around Tesla's leadership, which could negatively impact the company's stock price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100