- Tesla CEO Elon Musk took fresh shots at short sellers and the SEC, two of the billionaire’s most frequent targets for insults and criticism.
- He also lauded the Justice Department for launching a probe into short sellers. Two one-time Tesla shorts are reportedly under federal investigation.
- “I am greatly encouraged by the Justice Department investigating short sellers,” Musk told CNBC in an email Tuesday. “This is something the SEC should have done, but, curiously, did not.”
Tesla CEO Elon Musk told CNBC that he is glad to see the Justice Department is investigating short sellers, who have long been a target of the billionaire’s ire. He also took a fresh shot at the Securities and Exchange Commission, another of his frequent targets.
“I am greatly encouraged by the Justice Department investigating short sellers,” Musk told CNBC in an email Tuesday. “This is something the SEC should have done, but, curiously, did not.”
The Justice Department is reportedly investigating two investors who have previously shorted Tesla’s stock. The SEC, meanwhile, has been scrutinizing Tesla, which has prompted a vicious legal fight between the company and the regulator.
www.cnbc.com/2022/02/23/elon-musk-cheers-on-justice-department-probe-of-short-sellers.html