‘I do not respect the US SEC’, says Tesla CEO Elon Musk on ‘60 Minutes’
Elon Musk has had to resign as Tesla chairman under an arrangement with the US SEC to settle fraud charges stemming from a tweet in which he said he planned to take the firm private
Washington: Elon Musk, the chief executive officer of Tesla Inc., openly derided the US Securities and Exchange Commission (US SEC) in an interview, having settled fraud charges with the regulatory agency over an errant tweet. “I want to be clear. I do not respect the SEC—I do not respect them" he said in an interview on the CBS network news program ‘60 Minutes’.
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