Elon Musk taunts government agency that accused him of duping investors

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 jabbed the Securities and Exchange Commission on his Twitter account, the same agency that went after him for an August 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 $25 billion to $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 2 percent in extended trading after Musk's tweet.

speaks onstage at Elon Musk Answers Your Questions! during SXSW at ACL Live on March 11, 2018 in Austin, Texas.
Tesla CEO Elon Musk. Source: Associated Press


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