SEC Sues Tesla CEO Elon Musk

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The U.S. Securities and Exchange Commission filed a lawsuit Thursday against Tesla CEO Elon Musk, accusing him of securities fraud.

"Musk's false and misleading public statements and omissions caused significant confusion and disruption in the market for Tesla's stock and resulting harm to investors," the lawsuit says.

(Image credit: Kiichiro Sato/AP)



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