QUORUMCALL//GPT:
In a renewed clash with Tesla’s CEO Elon Musk, Senator Elizabeth Warren has called for a regulatory investigation into the electric-car maker’s recent financial and business practices.
THE LATEST ROUND
• Sen. Warren has penned a letter to the SEC, pushing them once more to scrutinize Tesla’s actions. She highlighted the company’s recent $1.5 billion investment in Bitcoin and Musk’s tweets about Dogecoin as areas of concern.
• Warren argued that Musk’s online behavior could mislead investors and artificially inflate the value of cryptocurrencies.
PREVIOUS BEEF
• This isn’t the first time Warren has locked horns with Musk. In 2021, she slammed the billionaire for not paying taxes and described him as a “freeloader.”
TOPICS COVERED
#Finance #Regulation #Cryptocurrency
NOTE
This article is from CNBC, a reliable source for business news and financial information.
