Elon Musk, the CEO of Tesla and SpaceX, may be required to testify once again in the Securities and Exchange Commission's (SEC) investigation into his Twitter activity regarding a potential takeover of the electric car company. This development comes as the SEC intensifies its scrutiny of Musk's social media posts and their impact on Tesla's stock price.
The SEC has been closely monitoring Musk's Twitter account after a previous settlement in 2018, which required him to seek pre-approval for certain tweets that could affect Tesla's stock. The agency is now investigating whether Musk's recent tweets about a possible Tesla takeover were in violation of this agreement.
