Elon Musk provokes beurswaakhond with tweet

Tesla-founder Elon Musk has a few days after a settlement with the U.s. beurswaakhond SEC a tweet sent in which he is the supervisor provokes. Musk says that the abbreviation SEC stands for Shortseller Enrichment Commission, instead of the Securities and Exchange Commission, such as the official name reads.

This allows Musk that the SEC especially the interests of shortsellers, the people who speculate on share prices. According to Musk carried out the beurswaakhond completely in line with the by him invented the name "incredible work".

The beurstoezichthouder suspicious Musk recently of fraud; he would be on Twitter have a message about a privatisation of Tesla and thus investors on the wrong foot. By the investigation of the SEC dropped the price of Tesla.

The two parties have now reached settlement. That, however, must still be approved by the court.

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