The CEO says this is an unjustified action.
Tesla CEO Elon Musk Charged For FRAUD!
TheCEOsays this is an unjustified action.
Tesla shares are down 12% this Friday (28).
However, the most strange thing is that theUS Securities and Exchange Commission(SEC) says he lied.
So the SEC says the tweet saying secured funding is fake and misleading.
Am considering taking Tesla private at $420.
The SEC notes that $13 billion in Tesla shares are in a short position.
The CEO has been making a number of criticisms of these investors on Twitter.
An e-mail to the Tesla board reinforces the idea that Elon Musk would be manipulating stock prices.
On Aug 7, when Musk announced guaranteed financing, Teslas stock went from $341 to $380.
This high sell-in loss to short sellers, who only make money when the stock falls.
So, what do you think about this?
Simply share all your views and thoughts in the comment section below.
