Will the SEC punish Tesla for any of Elon Musk’s tweets by the end of 2023?
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Due to a court settlement with the US securities watchdog, the Securities and Exchange Commission (SEC), since 2018 Elon Musk must have his tweets pre-approved by Tesla’s lawyers before publishing them if they address the company’s financial condition. Despite this corporate governance deal, the SEC informed Tesla of two breaches by Musk in 2020.
If Tesla gets convicted for any breach in governance linked to Elon Musk’s tweets by December 31st, 2023, this market will be resolved as “Yes”.
original: https://futuur.com/q/166957/will-the-sec-punish-tesla-for-any-of-elon-musks-tweets-by-the-end-of-2023
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