đ¨ Breaking News: SEC Puts Elon Musk on the Clock â Settlement or Legal Action in 48 Hours! đď¸
The Securities and Exchange Commission (SEC) has given Elon Musk an ultimatum: settle or face legal action within 48 hours đ°ď¸. This development comes after Musk failed to comply with an investigative subpoena related to his 2022 purchases of Twitter stock and statements about taking Tesla private .
The SEC alleges that Musk's tweets contained false and misleading statements, causing Tesla's stock price to rise and leading to significant market disruption đ. Musk had agreed to settle securities fraud charges with the SEC in 2018, but the current situation may lead to further legal consequences đ.
The clock is ticking for Musk to respond to the SEC's demands. Will he settle or face legal action? The next 48 hours will be crucial in determining the outcome đ¤. Stay tuned for updates on this developing story! đş
