Tesla's Elon Musk, SEC to face off in U.S. court on April 4

NEW YORK - Lawyers for Elon Musk and the U.S. Securities and Exchange Commission will square off in a Manhattan courtroom next week over whether the Tesla Inc chief executive should be held in contempt over one of his tweets.

U.S. District Judge Alison Nathan scheduled oral argument on an SEC contempt motion for April 4 at 2 p.m. EDT , after both sides said they saw no need for an evidentiary hearing. John Hueston, a lawyer for Musk, did not immediately respond to requests for comment. The SEC did not immediately respond to a similar request.

how can such a hilariously stupid man run three companies?

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Cramer: The court can rein in Tesla CEO Elon Musk with one of these three movesJim Cramer explains why a federal judge must remove Musk as CEO, install a watch on the board, or charge the Tesla co-founder for violating a court-approved order. MadMoneyOnCNBC Absolute trash. Elon does real work. Jim has dishonest garbage history. Zero respect for him. MadMoneyOnCNBC go see his videos in 2007/2008.. that will explain what kind of a.. h*** is Cramer
Source: CNBC - 🏆 12. / 72 Read more »