Musk’s fight with short sellers advanced by first lawsuit over Tesla’s going-private tease

At least one hurting Tesla shareholder has filed a lawsuit against the electric-car maker and Elon Musk in the wake of the CEO’s stock-roiling remarks on going private earlier this week, court filings out late Friday showed. The suit is seeking class-action status and is believed to be the first to stem from the Musk…

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How Elon Musk’s Twitter Blocking Could Land Him In SEC Trouble

Elon Musk’s tweet Tuesday announcing that he was “considering taking Tesla private” may have been illegal—but not for the reasons many people think. Using Twitter to disclose such crucial market-moving information may seem unorthodox. But the platform has been a bonafide channel for investor communication since 2013, when the Securities and Exchange Commission blessed social…

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