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> How did the SEC feel about Elon Musk tweeting non-public information about his public company While executives are encouraged to report market moving public
by wrsh07 6y ago
> How did the SEC feel about Elon Musk tweeting non-public information about his public company
While executives are encouraged to report market moving public information in a standard format, that's not why the SEC took issue with his tweets
His tweets about taking Tesla private at some valuation above its current stock price were completely false (eg "funding confirmed")
Once again, the requirement of truth rears its head