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Elon Musk mocks SEC amid settlement deal
Elon Musk taunted the Securities and Exchange Commission on Twitter Thursday shortly after he reached a deal with the agency to settle a lawsuit over his prior tweets. Musk, who has long railed against Tesla's short sellers -- investors who bet against the company -- called the SEC the "Shortseller Enrichment Commission." "Just want to [sic] that the Shortseller Enrichment Commission is doing incredible work," he said. "And the name change is so on point!" The SEC told CNN Business that it has not changed its name and declined further comment on the tweet. Tesla's stock dipped more than 2% during after hours trading. ... (full story)
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