In November, Tesla CEO Musk launched a vote on Twitter, asking netizens whether he wanted to reduce his Tesla stock, which caused Tesla stock to fall sharply. Recently, Musk was sued by investors for this tweet.
According to the Russia Today website, an investor named David Wagner recently filed a lawsuit in a court in delaware, asking to view Tesla's internal documents to investigate whether CEO Musk's vote on the selling of stocks on Twitter on November 6 violated the relevant agreements previously reached with the US Securities and Exchange Commission.
Over the years, Musk has made many controversial and market-impacting remarks on Twitter. In 2018, Musk tweeted that he would take Tesla private at $420 per share, causing the company's stock price to plummet. The SEC subsequently launched an investigation into the matter. Eventually, Musk reached a settlement with the SEC, agreeing to get approval from the company's lawyers when posting a tweet of material information about Tesla. Despite this, Musk is still moving frequently on Twitter. On November 6 this year, Musk launched a poll on Twitter, and if he gets the support of users on social platforms, he will reduce his holding of 10% of Tesla stock.
As of the 18th of this month, Musk has sold about $14 billion, or about 90 billion yuan, of Tesla stock. Tesla shares have fallen 22% over the same period. (CCTV Finance)
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