Elon Musk says the SEC’s investigations into Tesla are ‘like having a gun to your child’s head’
Elon Musk took the Securities and Exchange Commission to task during a TED appearance Thursday, claiming he had the funding to take Tesla private despite the agency concluding that he had not.
“I should say actually... with Tesla back in the day, funding was actually secured,” Musk said. “I want to be clear about that.”
Musk has been trading blows with the SEC over the agency’s order that his tweets be reviewed by a lawyer before being publicly posted. The order is based on Musk’s decision to send the now-notorious “funding secured” tweet on August 7th, 2018, in which he claimed to have the finances to take Tesla private at $420 a share. (Tesla has been a publicly traded company since 2010.)
The SEC...
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