Tesla CEO Elon Musk taunts US financial regulatory agency

Elon Musk doesn’t respect the Securities and Exchange Commission (SEC), he said in an interview with CBS’s 60 Minutes that aired Sunday night. Musk told CBS’s Lesley Stahl that none of his tweets have been censored since reaching a settlement with the SEC in September. He said that no one has to read his tweets before he hits send. He also explained he’d personally picked his successor as Tesla’s chairperson, before undercutting her authority by saying he could “get anything done that I want.” Musk has criticized the SEC before, but not quite like this The Tesla CEO announced in a tweet this August that he wanted to take his electric car company private, and that he had “funding secured” from Saudi Arabia’s sovereign wealth fund. The... Continue reading…

Tesla CEO Elon Musk taunts US financial regulatory agency

Elon Musk, the CEO of Tesla, openly derided the US Securities and Exchange Commission in an interview aired Sunday, having settled fraud charges with the regulatory agency over an errant tweet.

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