17 Jul, 2023
Warren urges SEC to investigate Tesla over Twitter ties
Elizabeth WarrenElon MuskSEC (Securities & Exchange Commission)Tesla Inc.Makes Statement0 Comments
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Jonida Lala
Jonida Lala2023-07-20 23:32:272023-07-20 23:32:27Warren urges SEC to investigate Tesla over Twitter tiesWarren sends a letter to the U.S. Securities and Exchange Commission, urging them to investigate Tesla over possible conflicts of interest, misappropriation of corporate assets, and other negative impacts to Tesla shareholders related to Musk’s Twitter takeover. Warren says the Tesla board’s “apparent lack of independence” from Musk raises questions about possible violations of security laws and exchange rules which fall under SEC’s jurisdiction.
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