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    SEC Sues Tesla CEO Elon Musk

    by Vanessa Romo Sep 27, 2018 2 minutes

    Updated at 6:03 p.m. ET

    The U.S. Securities and Exchange Commission is suing Tesla CEO Elon Musk, alleging securities fraud a month after he announced that he planned to take the publicly traded electric-car company private.

    "Musk's false and misleading public statements and omissions caused significant confusion and disruption in thesays.

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