Elon Musk Sends Scathing Message to Tesla Investors

The CEO of Tesla has just proven once again that he is an iconoclastic boss

The billionaire did not hesitate to relaunch the showdown with the U.S Security and Exchange Commission (SEC) despite a 2018 settlement with the regulator. In September 2018, the two sides agreed to end an investigation into a tweet from Musk, posted on August 7, 2019, that caused the price of Tesla shares to fall

Ongoing Tensions with the SEC The tweet shook Tesla stock. The SEC filed a complaint against Musk. A settlement was reached and announced on September 29, 2018. It required Musk to step down as Tesla’s chairman. Tesla and Musk agreed to pay $40 million in penalties. Tesla also agreed to have the company's lawyers pre-approve tweets with material information about the company

Elon Musk is not a Chief Executive Officer like the others. Tesla's  (TSLA) - Get Tesla Inc. Report boss is atypical. He refuses to obey the rules often imposed on executives of public companies