QUORUMCALL//GPT:
CALLING FOR ACTION
– US Senator Elizabeth Warren has reportedly asked the Securities and Exchange Commission (SEC) to investigate Tesla and its CEO Elon Musk for potential market manipulation.
FLASHBACK
– This isn’t the first time that Tesla is facing such an investigation. In 2018, Musk was accused of misleading investors with a tweet about taking Tesla private, resulting in a $20 million fine for Musk and Tesla each, and Musk stepping down as chairman.
WHAT’S NEW?
– Senator Warren’s call for an investigation comes after Musk asked his Twitter followers whether he should sell 10% of his Tesla shares, an action that could potentially influence the company’s stock price.
TOPICS COVERED
#SEC #Tesla #StockMarket
NOTE
– Breaking the News provides a wide range of international financial news, with a focus on stock markets and cryptocurrencies.
