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Thursday, October 4, 2018

Musk tweet oversight goes into effect 90 days after settlement, Recode reports


Recode’s Teddy Schleifer reported via Twitter after Tesla CEO Elon Musk called the SEC the “Shortseller Enrichment Commission” in a tweet: “The agreement for oversight of Elon’s tweets does not take effect for 90 days from the settlement date, per source. So he still has ~80 days to tweet whatever he wants.” Shares of Tesla are down 2%, or $5.32, to $276.51 in after-hours trading.
https://thefly.com/landingPageNews.php?id=2800077

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