The SEC hasn’t filed any enforcement action so far against Musk over his Twitter trading. If the SEC makes a formal complaint against Musk for fraud, regulators are likely to again ask a court to bar him from serving as an officer or director of a public company, former officials said, exposing him to the possibility of removal from Tesla.
Just as they tried to take away Trump’s right to do business in the state of New York, Biden’s SEC is trying to take away Musk’s right to lead his own companies if they are publicly traded. It doesn’t matter what the shareholders want. They want to deprive Tesla and other companies Musk serves as a top company officer for from his business, same as they tried for Trump.
Scary
This from the federal government that is 36 trillion in debt. But the real reason is, the Left will destroy anyone that challenges them. The Left is 100% Fascist.
AND IF MUSK SHUTS DOWN TESLA?????
IT IS HIS COMPANY. HE CAN PAY THE OTHER STOCKHOLDERS & STILL HAVE PLENTY OF FU MONEY