The Broadband Guide
search advanced
 forgot password?

The SEC investigating Tesla regarding its potential plans to go private

2018-08-15 17:11 by


The Securities and Exchange Commission has reportedly sent subpoenas to the California-based automaker Tesla regarding its potential plans to go private. The subpoenas are intended to help the SEC determine whether or not Elon Musk's tweets and blog posts considering taking the company private, and that he had the necessary funding lined up "intentionally misled investors."

A subpoena would be one of the first steps in a formal inquiry. Shares of Tesla were down 3 percent in afternoon trading.


  Post your review/comments
News Glossary of Terms FAQs Polls Cool Links SpeedGuide Teams SG Premium Services SG Gear Store
Registry Tweaks Broadband Tools Downloads/Patches Broadband Hardware SG Ports Database Security Default Passwords User Stories
Broadband Routers Wireless Firewalls / VPNs Software Hardware User Reviews
Broadband Security Editorials General User Articles Quick Reference
Broadband Forums General Discussions
Advertising Awards Link to us Server Statistics Helping SG About