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.
This article provided by NewsEdge.