Tesla shares fell more than 2 percent in early trading Monday, after CEO Elon Musk said going into the weekend that he was abandoning plans to take the company private at $420 per share. Musk continues to face questions from the U.S. Securities and Exchange Commission, whose investigators are looking into whether he lied to investors when he told them he had “funding secured” for his plan. In an announcement late Friday, Musk said he had decided to keep Tesla public. “What happened on Friday…
See more here:
Musk’s flip-flop on Tesla going private could heighten SEC scrutiny
