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Elizabeth Warren calls on SEC to investigate Tesla, Elon Musk over governance issues once again
The senator cites in her letter the "possible misappropriation of Tesla resources and conflicts of interest arising from Mr. Musk's dual role at Tesla and X."
Musk, who is CEO of Tesla and defense contractor SpaceX, as well as chief technology officer and owner of X, and founder of xAI, Neuralink and The Boring Co., posted a comment about Warren to his social media platform in response to the senator's letter. Musk was alluding to Sam Bankman-Fried, or SBF, who was convicted in 2023 of seven criminal counts against him in relation to the 2022 collapse of his crypto company FTX and sister hedge fund Alameda Research. A spokesperson for the SEC told CNBC via e-mail on Thursday that the agency's Chair Gary Gensler "will respond to Members of Congress directly," rather than via public or press statements.
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