Elon Musk’s Tesla Share Sale Filed in Lawsuit

Billionaire businessman Elon Musk, late last year He did a poll on Twitter. and he left the decision of whether to sell some of his Tesla shares to his followers. The followers also decided to sell the shares, and Elon Musk kept his promise and sold 10 percent of the stocks piecemeal. Now, there has been a remarkable development in this regard. Allegedly, the U.S. Securities and Exchange Commission (SEC), is in pursuit of this job.

According to the news served by the Wall Street Journal, Elon Musk’s brother Kimbal Musk, sold $108 million worth of stock a day before the tweet was shared. Recognizing this sale, the SEC for violating trade rules not sure. SEC’s suspicion is that Elon Musk and Kimbal Musk met some time before the said post. made a plan and that this plan is being acted upon.

According to Elon Musk, there is no such thing

*You see Elon Musk and Kimbal Musk together.

The allegations made did not escape the attention of the world’s leading media companies. Elon Musk, who sent an e-mail to the Financial Times on the contacts, said that Kimbal Musk not aware ofHe said the allegations in question were unfounded. On the other hand; An official statement on the subject from Tesla, Kimbal Musk and SEC officials. no explanation given.

Elon Musk and regulators have been having disagreements for some time. Billionaire businessman, for some time tax not paying comes up with allegations. It is also stated that the USA is working on a new tax law. Although it is not currently known how things will settle down, the SEC investigation is between Elon Musk and the United States. a new tension looks like it will ignite the fuse.