Elon Musk takes on a Wall Street giant

Elon Musk is not afraid of his competitors or regulators.

The CEO of Tesla (TSLA) did not hesitate to attack the powerful US Securities and Exchange Commission (SEC), with which he has had a rocky relationship since his famous tweet on August 7, 2018, in which he announced that he would take the electric vehicle maker private.

That announcement prompted an investigation by the SEC, which subsequently led to a settlement. Musk was fined $20 million, stepped down as chairman of the board, and the group had to review all of his tweets that could have affected Tesla’s stock price. The vehicle manufacturer was also fined $20 million.

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