A federal court on Tuesday issued an order for X owner Elon Musk to testify in a Securities and Exchange Commission probe into the billionaire's acquisition of the social media site.
Tesla CEO Elon Musk waves as he leaves the Tesla Gigafactory for electric cars after a visit in Gruenheide near Berlin, Germany, March 13, 2024. After reporting dismal first-quarter sales, Tesla is planning to lay off about a tenth of …A federal court on Tuesday issued an order for X owner Elon Musk to testify in a Securities and Exchange Commission probe into the billionaire’s acquisition of the social media site.
On Tuesday, U.S. District Judge Jacqueline Scott Corley affirmed Judge Beeler’s decision, saying Mr. Musk had not proved that the subpoenas issued by the SEC were unreasonable.
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