
Miffed about the constant scrutiny from the U.S. Securities Exchange Commission, Tesla Inc.'s (NASDAQ:TSLA) CEO Elon Musk is defending himself against the securities regulator.
What Happened: The SEC is channeling resources to "endless investigations" into Tesla and its founder, Musk's lawyer Alex Spiro said in a letter to Alison Nathan, the U.S. District Court of New York. Nathan presided over a settlement agreement that Musk reached with the SEC in 2018 over the former's tweet regarding having secured funding to take the company private.