MUSK TAKES SWIPE AT SEC ON HEELS OF FRAUD SETTLEMENT

Tesla CEO Elon Musk is apparently taunting the government agency that accused him of duping investors just days after negotiating a settlement to keep his job. Musk, pictured, jabbed the Securities and Exchange Commission on his Twitter account, the same agency that went after him for an Aug. 7 tweet in which he declared he had secured financing for a Tesla buyout. The SEC alleged that Musk hadn’t locked up the

estimated US$25 billion to US$50 billion that it would have required to pull off that deal. In a Thursday tweet, Musk praised the “Shortseller Enrichment Commission” for “doing incredible work.” Musk has long feuded with short sellers, a category of investors that have been betting on Tesla’s stock to fall. Tesla shares declined two per cent in extended trading after Musk’s tweet.