Saturday, 17 Nov 2018
Category: Securities and Exchange Commission

DOJ launches investigation into Tesla, Elon Musk’s tweets

Tesla’s stock is down 5 percent this morning after news emerged the U.S. Department of Justice had launched a criminal investigation into CEO Elon Musk’s Aug. 7 tweets about taking the company private. The criminal probe is in addition to the previously reported Securities and Exchange Commission investigation into the electric car company. “Last month, following […]

Diver attacked by Elon Musk as ‘pedo guy’ is prepping a libel suit

A British cave diving expert who helped save the young Thai football team that got trapped in caves this summer is preparing a legal action against Elon Musk for making “false and defamatory statements”, TechCrunch has confirmed. BuzzFeed reported the development earlier, after obtaining a letter sent to Musk’s home on August 6 by a firm […]

The SEC has charged Mike Rothenberg with fraud

Mike Rothenberg, infamous Silicon Valley venture capitalist and founder of Rothenberg Ventures, has been formally charged by the Securities and Exchange Commission for overcharging investors to fund personal projects. It’s important to note a formal charge is not proof of guilt and Rothenberg has not made any admission of guilt under these proceedings. However, Rothenberg […]

Reports indicate that Tesla has been subpoenaed over Elon Musk’s tweets

The long week for Tesla is getting even longer as the company has now been subpoenaed by the Securities and Exchange Commission, according to multiple reports. First reported by the Fox Business Network and confirmed by The New York Times, federal regulators appear to be interested in Elon Musk’s August 7 tweet regarding his plans for […]