In a court filing, the U.S. Securities and Exchange Commission disclosed an investigation into Tesla (TSLA) CEO Elon Musk’s 2022 purchases of Twitter (TWTR) stock, Bloomberg reports. The SEC said that Musk, who now owns Twitter and has renamed the platform X, failed to appear for testimony on the matter last month, the report notes.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on TSLA:
- The SEC Will Get Word out of Elon Musk One Way or Another
- Elon Musk Sued by the SEC for Avoiding Subpoenas
- Tesla (NASDAQ:TSLA) Lowers Vehicle Prices Post Q3 Delivery Shortfall
- Hyundai, Kia to adopt Tesla EV-charging standard in U.S., Reuters reports
- Hyundai, Kia to Join Tesla’s (NASDAQ:TSLA) Supercharger Network