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Tesla CEO musk sued for tweeting affecting the company's share price

via:驱动之家     time:2021/3/13 9:08:42     readed:129

As the second or even the first richest person in the world, Tesla CEO musk not only has the reputation of iron man, but also has great influence on social media. However, he has been sued for his big mouth, which has caused many troubles.

According to reports, on Friday local time, chase gharrity, a shareholder of Tesla, filed a lawsuit against musk and the board of directors of Tesla, saying that musk often publishes wonderful tweets, and the board of directors of Tesla failed to fulfill its regulatory responsibility, resulting in billions of dollars in losses to shareholders of the company.

One of them is a post published in May 2020,Musk suggested that Tesla's share price is too high, resulting in the company's market value plummeted $13 billion.

However, from the previous post to now, Tesla's stock price has actually doubled, with a market value of more than $800 billion, and still has more than $600 billion.

For all that,Chase gharrity still chose to file a lawsuit, claiming that he violated an agreement reached with the SEC in 2018.

For musk, this is not the first time that he has caused trouble because of his big mouth. In 2018, after taking drugs, he tweeted that he would privatize Tesla at a price of $72 billion, leading to a sharp rise in the company's share price.

Later, he tweeted to deny that he would not privatize. As soon as he went, he was targeted by the SEC, which was suspected of manipulating the stock price.

Fortunately, in the end, the two sides chose reconciliation,Tesla and musk were both fined $20 million, and the board had to review Musk's social media statements to ensure compliance.

However, judging from the performance after that, it seems that musk has not been subject to any audit. He is still very free on social media. In addition to affecting the share price of his company, he has also frequently supported WSB, dogcoin, etc. Recently, which is also controversial.

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