Shortseller Enrichment Commission doing good work: Musk mocks SEC
Tesla CEO Elon Musk, in a tweet apparently mocking the Securities and Exchange Commission (SEC), said, "Just want to [say] that the Shortseller Enrichment Commission is doing incredible work". Musk criticised investors betting against the electric-car company and was fined $20 million to settle the SEC lawsuit over "misleading tweets" about taking Tesla private. Tesla was also fined $20 million.