Elon Musk Refuses Guilt-Free SEC Settlement at Last Minute

Much to the chagrin of Tesla stockholders, CEO Elon Musk has elected to refuse a settlement offered by the Securities and Exchange Commission. The SEC recently levied a lawsuit against Musk, claiming charges of fraud after Musk Tweeted about plans to take his company private. According to the suit, the CEO reportedly never "discussed, much less confirmed, key deal terms, including price, with any potential funding source." According to CNBC, the SEC offered Musk a settlement that would have requ...