August 7, 2018Tweettesla

"Funding secured" tweet causes SEC lawsuit

Tweets 'Am considering taking Tesla private at $420. Funding secured.' The SEC sues Musk for securities fraud. Settlement: $40M total ($20M each from Musk and Tesla), Musk steps down as chairman for 3 years.

Tweets from this moment

“Am considering taking Tesla private at $420. Funding secured.”

Aug 7, 2018Viral215.0K likes

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