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News

Tesla Investors set for $12,400 payout over “Funding Secured” tweet

August 26, 2023 Scott Nordlund 0

It looks like part of the infamous “Funding Secured” tweet saga may finally be coming to an end, with payments to affected investors being confirmed in the coming weeks The settlement payments stemmed from the […]

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News

Elon Musk is hoping to appeal to the Supreme Court over his “funding secured” case

July 25, 2023 Scott Nordlund 0

Elon Musk appears to be preparing to argue for consideration in front of the US Supreme Court around his ongoing dispute over the SEC gag condition. According to Reuters, Musk hopes to take his battle […]

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Lucid Group announces SEC investigation into SPAC deal has concluded

May 3, 2023 Darryn John 0

Lucid Group has announced the Securities and Exchange Commission (SEC) has concluded its investigation related to its merger with a special purpose acquisitions company (SPAC) last year. According to a Form 8-K regulatory filing published […]

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SEC insists Elon Musk’s ‘Twitter Sitter’ needs to remain

February 25, 2023 Scott Nordlund 0

The Securities and Exchange Commission (SEC) is pushing for Elon Musk’s Twitter Sitter to remain in place. In a letter to the US Court of Appeals, the SEC insists that the Court keeps the oversight […]

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Musk’s lawyer asks court to throw out “Twitter Sitter” deal with SEC

February 22, 2023 Scott Nordlund 0

Elon Musk is again going to the courts to get rid of his Twitter Sitter. Per court documents obtained by CNBC, Musk is asking the court to throw out his 2018 deal with the U.S. […]

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News

Tesla received a SEC subpoena on June 13

July 25, 2022 Scott Nordlund 0

The Securities and Exchange Commission (SEC) continues to ensure that Tesla is keeping to their agreement to oversee Elon Musk’s tweeting. As per reporting by Bloomberg, Tesla received a subpoena from the SEC on June […]

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Elon Musk receives letter from SEC asking questions about his Twitter activity related to buyout

July 14, 2022 Scott Nordlund 0

The Securities and Exchange Commission has sent a letter to Elon Musk asking him about his Twitter activity related to the potential purchase of the social media platform. A regulatory filing published on Thursday and […]

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News

Tesla Fair Fund established by the SEC for investors impacted by 2018 ‘funding secured’ tweet

June 6, 2022 Darryn John 0

The U.S. Securities & Exchange Commission (SEC) has announced it is finally paying out the $40 million settlement received from Tesla and CEO Elon Musk four years ago. In a press release announcing what is […]

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News

SEC starts probe over Elon Musk’s delay in disclosing Twitter stake

May 12, 2022 Scott Nordlund 0

The United States Security and Exchange Commission (SEC) is now investigating Elon Musk for yet another issue. According to the Wall Street Journal, the US regulators are investigating Musk’s delayed disclosure of his stock purchase […]

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Judge denies Elon Musk’s request to end Twitter oversight by SEC

April 27, 2022 Darryn John 0

Elon Musk has been battling with the U.S. Securities and Exchange Commission (SEC) in court to undo a agreement that ensured oversight of his tweets, all in response to his tweet claiming he had “funding […]

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