CONTROVERSIAL businessman Elon Musk is in trouble again, this time for his twitter messages about his business, Tesla. Last August he was investigated for a tweet saying his company was going private at some time in the future. However under US laws critical financial information cannot be given without consultation with the board and shareholders due to the impact on share prices. He was sanctioned and told to watch his step, but this week appears to have violated the agreement by tweeting about increased production rates of the firm’s electric cars without going through the usual channels.
The Securities and Exchange Commission have called for severe sanctions, while Musk in turn has called the current system “broken”. Mr Musk’s most notorious tweet actually had nothing to do with business, but was when he accused a British cave diver involved in the rescue of a trapped football team in Thailand of being a paedophile.