Friday, September 28, 2018

Elon Responds (TSLA)

The story thus far.
From the complaint:
The press conference:

Mr. Musk:
FT Alphaville:

The SEC vs Elon Musk [Updated]
"... This unjustified action by the SEC leaves me deeply saddened and disappointed. I have always taken action in the best interests of truth, transparency and investors. Integrity is the most important value in my life and the facts will show I never compromised this in any way...."

And more to come.
In early pre-market trade the stock is down $39.32 (12.79%) at $268.20, still above the recent intraday low of 252.25 set on Sept. 7, but no bets on whether that was a floor.