SAN FRANCISCO (AP) — 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.
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Keep the discussion civilized. Absolutely NO personal attacks or insults directed toward writers, nor others who make comments.
Keep it clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
Don't threaten. Threats of harming another person will not be tolerated.
Be truthful. Don't knowingly lie about anyone or anything.
Be proactive. Use the 'Report' link on each comment to let us know of abusive posts.
PLEASE TURN OFF YOUR CAPS LOCK.
Anyone violating these rules will be issued a warning. After the warning, comment privileges can be revoked.