“Am considering taking Tesla private at $420. Funding secured.”
The Worse May Be Yet to Come
Musk’s pain threshold may see some further testing. Sources say that the Justice Department is also running a criminal investigation regarding this matter, and that the SEC has sent subpoenas to Goldman Sachs and Silver Lake, two investment companies that may have helped Musk try to secure the private funding. Musk wouldn’t be the first billionaire to end up in a federal prison over an SEC violation. And probably wouldn’t be the last.
SEC Lawsuit Against Elon Musk by on Scribd
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