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Elon Musk is mad at the SEC again


Oh Gary, how could you do this to me?

Musk reached a settlement with the agency, paying $20 million, stepping down as chair of Tesla’s board and agreeing to a “Twitter sitter,” or a lawyer who’d supervise his tweets. Reuters previously reported that the Department of Justice was probing whether Tesla’s self-driving claims were actually securities fraud. In 2023, Reuter s reported that lawmakers had asked the SEC to probe Neuralink over Musk’s comments about the safety of the company’s brain device.

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