Tesla Trades Higher After Judge Approves Musk's SEC Settlement (NASDAQ:TSLA)

Judy Cobb
October 17, 2018

The SEC quickly opened an investigation by questioning Musk, Tesla's board and other executives. However, this problematic chapter in Tesla's history wasn't over despite the two parties reaching a settlement.

And because it's Musk, he also tweeted about it.

The famous American entrepreneur and inventor Elon Musk after the scandal in the company Tesla made a decision to issue a special tequila.

The message, sent on August 7, said he had secured funding at $420 (£317) a share.

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The ring - a 3.03 carat diamond set in platinum - was a one of a kind, made specifically for Grande, and took weeks to complete. Grande posted photos from the Wicked taping and briefly described her feelings in another photo in her Instagram story.

In addition, Tesla needs to create a system where Musk's communications to the public are monitored, including social media platforms and Twitter blog posts.

An order by U.S. District Judge Alison Nathan asked the SEC and Tesla to submit a joint letter explaining why the court should approve the consent judgment.

"Just want to that the Shortseller Enrichment Commission is doing incredible work", Musk, a frequent critic of investors betting against the company, wrote. "And the name change is so on point!"

Musk has gained legions of fans for his bold approach to business and technology, using his 23 million Twitter followers to promote Tesla, his rocket company SpaceX, and tunnel venture Boring Co. Today Elon followed up that April 1st tweet with a visual approximation of what the bottle of booze may look like, along with a warning, "Teslaquila coming soon..." Musk corrected this because he preferred to be called the cuter "Elon-chan". Murdoch, who joined Tesla's board as independent director previous year, has experience in working with media companies but none in leading a company that makes electric vehicles. Teslaquila. Obviously, filing a trademark does not necessarily mean a product will come to fruition, but Musk has been flirting with this idea for a while now.

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