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Elon Musk and the SEC: A History – The Information

Musk on Monday revealed a 9.2% stake in Twitter but filed as a passive shareholder, avoiding detailed financial disclosure


Tesla layoffs have struck about 200 employees from the payroll of its Autopilot driver-assistant system unit.
Elon Musk said the maker of electric cars needed to cut staff by about 10%, adding that the layoffs would apply only to salaried workers. File photo: DPA via AFP.

 

Twitter’s appointment of Elon Musk to its board may very well inflame Musk’s already-tense relations with the US Securities and Exchange Commission, The Information reported.

Musk on Monday revealed a 9.2% stake in Twitter but filed as a passive shareholder, avoiding detailed financial disclosure that would have been required if he had filed as an investor interested in influencing management of the company.

Read the full report: The Information

 

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.

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