Bloomberg Reported Earlier: Elon Musk Must Testify in SEC Twitter Probe, Court Rules
Portfolio Pulse from Charles Gross
A court has ruled that Elon Musk is required to testify in an SEC investigation related to Twitter. This development is part of ongoing scrutiny into Musk's activities and statements on the social media platform.
February 11, 2024 | 4:17 pm
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Elon Musk's requirement to testify in the SEC Twitter probe could lead to increased scrutiny on Tesla, potentially affecting investor sentiment.
Elon Musk's significant role in Tesla means that any legal or regulatory actions involving him can directly affect Tesla's stock price. The SEC investigation into his Twitter activities could lead to negative publicity or further actions that might unsettle investors, potentially leading to a short-term negative impact on Tesla's stock.
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