Friday, 31 May 2024

Tesla CEO Elon Musk Faces Shareholder Lawsuit for Alleged $7.5 Billion Insider Trading

Tesla shareholder Michael Perry has filed a lawsuit accusing Tesla CEO Elon Musk of insider trading. The shareholder alleges that Musk sold over $7.5 billion of shares of the electric car maker in late 2022, before potentially disappointing production and delivery numbers were made public by the electric car maker. The lawsuit asks a US court to direct Elon Musk to re...

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