Tesla's Musk ready to fight SEC suit but could settle

September 30, 2018 5:00 AM

NEW YORK • Tesla's chairman and CEO Elon Musk could settle with US regulators who have sued to remove him from the electric carmaker's leadership, but he is prepared to fight the securities fraud suit against him, sources said last Friday as shares in the company plunged about 14 per cent.

from The Straits Times World News https://ift.tt/2OjKsbM
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