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Tesla (TSLA) CEO Elon Musk has revealed that the Securities and Exchange Commission (SEC) has issued him a settlement demand. The regulatory agency is investigating whether Musk committed securities fraud during his 2022 buyout of X (formerly Twitter).
Yahoo Finance Senior Columnist Rick Newman breaks down the details, exploring how the upcoming administration might influence the trajectory of this ongoing investigation once Donald Trump takes office.
To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.
This post was written by Angel Smith
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