SEC seeks to remove Musk as Tesla shares plummet

The US Securities and Exchange Commission (SEC) is suing Tesla CEO Elon Musk for defrauding investors.

US electric vehicle manufacturer Tesla could see its CEO removed. The US Securities and Exchange Commission (SEC) will ask a judge to bar Elon Musk from serving as CEO from a publicly listed company. A "deeply saddened" and "disappointed" Musk rejects the accusation.

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Media: Tesla & Musk investigated for misconduct
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