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Musk was arrested for tweeting in violation of the SEC agreement

Wechat scan QR code < / P > < p > to share with friends and circle of friends_ blank" href=" https://news.163.com/news/search?keyword=%E9%A9%AC%E6%96%AF%E5%85%8B "> musk < / a > violates < a target =" for tweeting_ blank" href=" https://news.163.com/news/search?keyword=%E7%BE%8E%E5%9B%BD "> US Securities and Exchange Commission (SEC) agreement. < / P > < p > before that, in September 2018, musk was charged with fraud by the sec. < / P > < p > < b > related reading: < / b > < / P > < p > < / P > < p > < b > musk was charged with fraud by SEC, or lost < a target = "_ blank" href=" https://news.163.com/news/search?keyword=%E7%89%B9%E6%96%AF%E6%8B%89 "> Tesla < / a > CEO position < / b > < / P > < p > on September 28, 2018, according to the report of Bloomberg, < a target ="_ blank" href=" https://news.163.com/news/search?keyword=%E7%BE%8E%E5%9B%BD "Style =" box sizing: inherit; color: rgb (0, 140, 210); text decoration: none; "> U.S. < / a > documents submitted to the court on Thursday local time show that < a target ="_ blank" href=" https://news.163.com/news/search?keyword=%E7%89%B9%E6%96%AF%E6%8B%89 "Style =" box sizing: inherit; color: rgb (0, 140, 210); text decoration: none; "> Tesla < / a > CEO Elon of electric vehicle company · < a target ="_ blank" href=" https://news.163.com/news/search?keyword=%E9%A9%AC%E6%96%AF%E5%85%8B "Style =" box sizing: inherit; color: rgb (0, 140, 210); text decoration: none; "> Elon Musk has been charged with fraud by the securities and Exchange Commission. Tesla is also expected to be sued, but the company is not named as a defendant in the indictment, according to sources close to Tesla. < / P > < p > after the news of Musk's prosecution came out, Tesla's share price plummeted 13% in after hours trading, down about 30% from its 52 week high of $387.46 per share. < / P > < p > the US Securities and Exchange Commission accused musk of issuing "false and misleading" statements that failed to properly inform regulators of the company's major events. In August, musk tweeted that he was ready to privatize the company. Even before the privatization tweet, the SEC was investigating Tesla's problems, including its auto sales forecast. The U.S. Department of justice is also investigating whether Mr. musk misled investors, according to a report by Bloomberg. < / P > < p > < B style = "box sizing: inherit;" > sec: Musk's "nine crimes" < / b > < / P > < p > the US Securities and Exchange Commission said that musk fabricated this statement in his august tweet, prompting Tesla's share price to rise. In fact, musk has never discussed the matter with any potential source of funds, let alone determined the key terms of the transaction, including the price. After the 30-45 minute meeting on July 31, musk did not have further substantive exchanges with representatives of Saudi sovereign wealth funds. (3) musk has never discussed with any potential source of funds the privatization of Tesla at $420 per share. < / P > < p > 4) musk has not contacted any other potential strategic investors to assess their interest in participating in Tesla's privatization. < / P > < p > 5) musk did not contact Tesla's existing shareholders to assess whether they are interested in investing in Tesla's privatization. < / P > < p > 6) musk has never formally engaged legal or financial advisers to assist it in the privatization transaction. < / P > < p > 7) musk is not sure whether retail investors will continue to invest in the privatized Tesla. < / P > < p > 8) musk is not sure whether Tesla's institutional investors are restricted from holding shares in private companies. < / P > < p > 9) musk also did not determine which regulatory approvals are required or whether these regulatory requirements can be met. < / P > < p > the SEC also said: "Musk made a false and misleading public statement, and used his mobile phone to claim to privatize Tesla on active trading days. He didn't discuss the content of the statement with anyone before, but posted it directly to more than 22 million twitter fans and anyone else who has access to the Internet. He also did not inform the Nasdaq Stock Exchange, and did not make a public announcement in accordance with the rules of NASDAQ. " < / P > < p > photo: sec press release accusing musk in this lawsuit, the securities and Exchange Commission asked a judge to order that musk be prohibited from acting as an executive or director of a listed company when convicted. This requirement often appears in SEC lawsuits, in addition to unspecified fines. < / P > < p > Stephanie Avakian, CO head of the executive arm of the securities and Exchange Commission, said: "the chairman and CEO of a listed company have important responsibilities to shareholders. These responsibilities include the need to be cautious and careful in issuing true and accurate statements to investors, whether they are issued by traditional means such as press releases or earnings calls, or by informal means such as twitter or other social media. Neither celebrity status nor the reputation of technology innovators can ignore the provisions of federal securities law. " < / P > < p > < B style = "box sizing: inherit;" > Musk's response: the charges are "unreasonable" < / b > < / P > < p > musk called the charges "unreasonable" and said he "never damaged" his integrity. "I am deeply saddened and disappointed by the unreasonable behavior of the SEC," he said in a statement. I always act for truth, transparency and the best interests of investors. Honesty is the most important value in my life, and it will prove that I have never compromised in any way. " < / P > < p > in his August 7 tweet, musk said he had enough money to privatize the company at $420 a share if he wanted to, prompting Tesla's share price to close up nearly 11%. Musk later said he would not privatize the company, and the company's share price has fallen sharply since the initial tweet. "Musk's false and misleading statement caused serious chaos in Tesla's stock market and hurt investors," the SEC said in the complaint < / P > < p > recently, musk has been in trouble. In mid August, musk said in an interview that he recently worked as many as 120 hours a week, which made him feel very bad and even aroused sympathy. In early September, smoking marijuana in the live broadcast caused controversy, although it was a hot topic in California
2023-03-22 10:04:30

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