What did Elon musks Tweet say?

“Whether or not the world’s wealthiest man pays any taxes at all shouldn’t depend on the results of a Twitter poll,” his tweet read. “It’s time for the Billionaires Income Tax.” Musk responded with a vulgar tweet about Wyden’s profile picture, which has since been retweeted more than 9,500 times.

Are Elon musks tweets legal?

Musk famously crossed the line in 2018 when he tweeted that he had “funding secured” to take Tesla private. Tesla lawyers now vet any tweets containing any information “material to the company.” As for his crypto tweets, Musk is within bounds…for now.

Why did Elon Musk get banned from Twitter?

In 2018, the US Securities and Exchange Commission (SEC) accused Mr Musk of misleading investors, after he made claims about taking Tesla private. One tweet made claims about Tesla’s stock price “being too high”, while the other made claims regarding the company’s solar roof production.

Is Elon Musk violating SEC?

The SEC had sued Musk after he tweeted on 7 August 2018 that he had “funding secured” to take Tesla private at $420 a share. The agency alleged the tweet, which sent the electric automaker’s share price up as much as 13.3\%, violated securities law. Musk settled the lawsuit in a court-approved deal.

How much is Elon selling?

In total, Musk has sold about 11.03 million shares worth about $11.82 billion since Nov. 8, a day after he said he would abide by a Twitter poll he posted in which users declared he should sell 10\% of his Tesla stake. Some of the stock sales had been put into motion well before the poll was posted.

How many shares did Elon Musk sell?

And sell Musk has. Over the five-and-a-half weeks since the Twitter poll, the outspoken, often outlandish, and meme market favorite Musk has sold nearly 12 million shares of his electric vehicle company for a total of $12.7 billion, according to data from InsiderScore/Verity that was provided to Fortune.

Has Elon Musk done anything illegal?

The National Labor Relations Board on Thursday upheld a 2019 ruling that Tesla had illegally fired a worker involved in union organizing and that the company’s chief executive, Elon Musk, had illegally threatened workers with the loss of stock options if they unionized.