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Zenger
Zenger
National
Adam Eckert

Sen. Warren Urges SEC To Investigate Tesla’s Twitter Acquisition

Twitter, July 17, 2023, Suqian, Jiangsu Province, China. Musk: Advertising revenue down 50%, Twitter cash flow remained negative in June. (CFOTO/FUTURE PUBLISHING VIA GETTY IMAGES)

Elon Musk’s Twitter takeover took many by surprise, especially Tesla Inc (NASDAQ: TSLA) shareholders, who expressed concerns about potential impacts on the electric vehicle company. Now an SEC investigation could be on the horizon.

U.S. Sen. Elizabeth Warren (D-MA) talks on her phone prior to a weekly Democratic policy luncheon at the U.S. Capitol on May 31, 2023, in Washington, DC. Senate Majority Leader Sen. Chuck Schumer (D-NY) said on Wednesday that senators should be prepared to vote on it quickly if the Biden-McCarthy debt ceiling bill passed by the House later today. (ALEX WONG/GETTY IMAGES) 
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