The SEC laid fraud charges last Thursday, targeting CEO Elon Musk’s August tweet to his 22 million followers that he was considering taking Tesla private at $420 a share. Too bad regulators haven’t found a way to force the company to grow up as they have done with Mr. Musk. Five days earlier he emailed the board under the subject header “Offer to Take Tesla Private at $420,” an email that included the company’s general counsel among its recipients. Come with me now as we leave the mercurial Mr. Musk and turn our attention instead to the divine ruler Mark Zuckerberg. Too bad regulators haven’t found a way to force the company to grow up, as they have done with Mr. Musk.

Source: thestar October 02, 2018 18:18 UTC