The Los Angeles Post

Monthly Archive: May 2022

Business & Economy

Elon Musk’s $44 billion deal to acquire Twitter has been the subject of countless headlines as the mercurial CEO has made his hang ups with the acquisition very public. That tendency to share his thoughts on the public forum might be putting the billionaire on a collision course with the Securities and Exchange Commission (SEC). Musk has berated and antagonized the regulatory agency for years after being penalized for tweeting recklessly about taking Tesla private. His latest conduct on Twitter as he attempts to take over the company could draw even more legal headaches, but it remains an uncertain whether the agency will find enough misconduct to rein Musk in.

Tesla CEO Elon Musk listed several changes he would make...