Elon Musk is taking on a Wall Street giant

Elon Musk is not afraid of his competitors or regulators.

The CEO of Tesla (TSLA) has not hesitated to attack the powerful Securities and Exchange Commission with which he has had a stormy relationship since his now-famous tweet on August 7, 2018, in which he announced that he was going to take the electric vehicle maker private.

Musk’s message prompted an investigation by the SEC. which subsequently resulted in a settlement. The CEO was fined $20 million, resigned as chairman of the board, and the group had to review all of his tweets that could affect Tesla’s stock price. The vehicle manufacturer was also fined $20 million.

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