Musk, Tesla (TSLA) Board Sued for Tweeting in Violation of SEC Deal - Bloomberg

March 12, 2021 12:34 PM EST

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(Updated - March 12, 2021 12:44 PM EST)

A Tesla (NASDAQ: TSLA) investor sued CEO Elon Musk and its board in Delaware, claiming Musk has exposed the company to billions in potential liability and market losses by continuing to send erratic tweets, despite a settlement with regulators requiring pre-approval of his social media activity, according to a report from Bloomberg, citing a suit made public in Delaware Chancery Court.

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