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Benzinga
Benzinga
Politics
Rachit Vats

Elon Musk Could Face Regulatory Ire Over His Twitter Stake: Reuters

Elon Musk Twitter Inc. Tesla Inc. NYSE SEC

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk may face more regulatory scrutiny for missing a key disclosure deadline and filing incorrect paperwork when he bought a 9.2% stake in Twitter Inc (NYSE: TWTR), according to a Reuters analysis.

What Happened: Musk on Monday revealed his stake estimated to be worth $2.8 billion, making him the social media firm's largest shareholder.

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