[ad_1]
<div _ngcontent-c15 = "" innerhtml = "
Elon Musk at a SpaceX event announcing the first passenger flight to the moon.2018 Getty Images
Tesla shares fell by more than 10% in trading after hours on Thursday, after the Securities and Exchange Commission sued Elon Musk for allegedly making "false and misleading statements" that had an impact on investors. shares of the company.
The decline in Musk's net worth reached nearly $ 1.1 billion. It is now worth about $ 20.1 billion, making it the 47th richest person in the world.
On August 7, Musk, who is Tesla's CEO, tweeted that he was considering taking over the private automaker at $ 420 per share, a 20% premium. "Financing assured," he added. The announcement sent Tesla shares up 6% on the closing of the markets that day.
In fact, according to the SEC filing, "Musk had not even discussed, much less confirmed, key terms of agreement, including price, with a potential source of funding. an officer or director of a public company, which would likely include Tesla.
Musk responded to the allegations in a statement by e-mail. "This unjustified SEC action leaves me deeply saddened and disappointed," he said. "I've always acted in the best interests of truth, transparency and investors. Integrity is the most important value in my life and the facts will show that I have never compromised it in any way.
Thursday's news comes during an already hectic year for Musk. On September 17, he was sued for defamation by a British cave explorer involved in this summer's effort to rescue children trapped in a Thai cave. Musk had insinuated on Twitter, without evidence, that the man was a pedophile. He dubbed these statements in a series of e-mails to a BuzzFeed News reporter.
The year began on a much firmer ground. In January, Tesla announced a 10-year compensation plan for Musk, linked to a performance that could bring him more than $ 50 billion. To date, it is unlikely to see much of this stock.
">
Elon Musk at a SpaceX event announcing the first passenger flight to the moon.2018 Getty Images
Tesla shares fell by more than 10% in trading after hours on Thursday, after the Securities and Exchange Commission sued Elon Musk for allegedly making "false and misleading statements" that had an impact on investors. shares of the company.
The decline in Musk's net worth reached nearly $ 1.1 billion. It is now worth about $ 20.1 billion, making it the 47th richest person in the world.
On August 7, Musk, who is Tesla's CEO, tweeted that he was considering taking over the private automaker at $ 420 per share, a 20% premium. "Financing assured," he added. The announcement sent Tesla shares up 6% on the closing of the markets that day.
In fact, according to the SEC filing, "Musk had not even discussed, much less confirmed, key terms of agreement, including price, with a potential source of funding. an officer or director of a public company, which would likely include Tesla.
Musk responded to the allegations in a statement by e-mail. "This unjustified SEC action leaves me deeply saddened and disappointed," he said. "I've always acted in the best interests of truth, transparency and investors. Integrity is the most important value in my life and the facts will show that I have never compromised it in any way.
Thursday's news comes during an already hectic year for Musk. On September 17, he was sued for defamation by a British cave explorer involved in this summer's effort to rescue children trapped in a Thai cave. Musk had insinuated on Twitter, without evidence, that the man was a pedophile. He dubbed these statements in a series of e-mails to a BuzzFeed News reporter.
The year began on a much firmer ground. In January, Tesla announced a 10-year compensation plan for Musk, linked to a performance that could bring him more than $ 50 billion. To date, it is unlikely to see much of this stock.
