Tesla faces investor lawsuit over Musk tweets on 10per cent stock sales

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San Francisco : Tesla Inc was hit by a lawsuit over CEO Elon Musk's social media posts including his Twitter poll on stock sales that pulled down its stock prices.Tesla investor David Wagner called for access to internal documents to investigate whether Tesla and Musk violated an agreement with the U.S. s

San Francisco : Tesla Inc was hit by a lawsuit over CEO Elon Musk's social media posts including his Twitter poll on stock sales that pulled down its stock prices.

In 2018, Musk settled a lawsuit by the Securities and Exchange Commission over his tweet on taking the company private, agreeing to have the company’s lawyers pre-approve tweets with material information about the company.

 

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