Tesla's Musk calls SEC 'broken' in new Twitter spat

REUTERS: Silicon Valley billionaire Elon Musk laid into the U.S. Securities and Exchange Commission again on Tuesday, after it accused the Tesla Inc Chief Executive Officer of violating a fraud settlement in a tweet last week.

J.P. Morgan Securities analyst Ryan Brinkman said that in a worst case scenario, the SEC could again seek Musk's removal as CEO for violating the terms of the agreement and its shares could fall by a fifth, or more than US$50, in value. Thirteen of 32 Wall Street brokerages now rate the electric car company a"buy" or higher. Eight view it as a"hold" and 11"sell" or lower, with a median PT of US$327.50

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