Elon Musk V The SEC: What’s Next — And What Needs To Happen

back in August last year, Elon Musk made a series of tweets about taking Tesla private which upset quite a few people on Wall Street — including the SEC.

It cumulated in a court case late last year which saw Musk step down as company Chairman of the Board, retain his position as CEO, pay a $20 million fine, and agree to have his future Tesla-related tweets vetted before posting them.

Since then, Musk has continued to tweet, and both he and Tesla have admitted that his tweets haven’t been vetted. That’s landed him back in the courts, with the SEC seeking to have him found in contempt.

So what’s next? What happens? Who is to blame? And what’s the smart outcome?

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