ELON MUSK SUED BY SEC FOR SECURITIES FRAUD, TESLA STOCK TUMBLES: FULL COMPLAINT
In the aftermath of Elon Musk's infamous Tesla going private "funding secured" tweet, the investing public had been split into two camps: the first, and more cynical, said that the SEC would never pursue what was a clear case of securities fraud and stock manipulation - after all, Elon Musk is "too big" of a "visionary" to crack down on and so the SEC would merely look the other way; and then there were the diehard Tesla skeptics who believed that no matter what, Musk would - or should - be treated equally as all other stock manipulators and be punished appropriately.