Elon Musk Takes on Wall Street Giant

Elon Musk fears neither competitors nor regulators.

CEO of Tesla (TSLA) Since announcing in a famous August 7, 2018 tweet that it would take the electric car maker private, it has developed a torrid relationship with the powerful Securities and Exchange Commission.

Musk’s message prompted an investigation by the SEC. A settlement was then reached. The CEO was fined his $20 million, resigned as chairman of the board, and the group had to review all of his tweets that could affect Tesla’s stock price. Also, the automaker fined him $20 million.


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