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A Tesla shareholder filed a lawsuit on Thursday accusing CEO Elon Musk of insider trading when he sold over $7.5 billion of shares of the electric car maker in late 2022, saying the billionaire entrepreneur sold the shares before potentially disappointing production and delivery numbers were made public.

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Reuters

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Tesla shareholder sues Musk for alleged $7.5 billion insider trading

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A Tesla shareholder filed a lawsuit on Thursday accusing CEO Elon Musk of insider trading when he sold over $7.5 billion of shares of the electric car maker in late 2022, saying the billionaire entrepreneur sold the shares before potentially disappointing production and delivery numbers were made public. Shareholder Michael Perry, in the lawsuit filed in Delaware Chancery Court, said that Tesla's share price plummeted after the company's fourth-…

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Gautam Adani

New Delhi

Delhi Division

Delhi

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Case Against Elon Musk For Alleged $7.5 Billion Insider Trading

A Tesla shareholder claimed in his lawsuit that Elon Musk had inside knowledge of a miss on production and delivery numbers.

Hindustan Times

HT Media

Tesla CEO Elon Musk accused of $7.5 billion of insider trades in investor lawsuit

Minority shareholder of electric car manufacturer sues billionaire for allegedly committing 'insider trading' involving the sale of papers for Twitter purchase. Elon Musk had inside knowledge of the company's frustration with production and delivery figures when he sold more than $7.5 billion (R$ 39.3 billion) in Tesla shares in 2022, claimed a Tesla vehicle manufacturer shareholder in a lawsuit in the United States.

Acionista minoritário da montadora de carros elétricos processa o bilionário por ele supostamente ter cometido crime de 'inside trading' envolvendo a venda de papéis para a compra do Twitter O bilionário Elon Musk tinha conhecimento interno de uma frustração nos números de produção e entrega que a montadora de carros elétricos Tesla estava enfrentando quando vendeu mais de US$ 7,5 bilhões (R$ 39,3 bilhões) em ações da empresa em 2022, alegou um …

Musk é acusado de ter usado informação privilegiada para vender US$ 7,5 bi em ações da Tesla

Globo

Roberto Irineu Marinho

Brazil

Musk is accused of using privileged information to sell US$ 7.5 billion in Tesla shares

A Tesla shareholder filed a lawsuit on Thursday accusing CEO Elon Musk of insider trading when he sold over $7.5 billion of shares of the electric car maker in late 2022, saying the billionaire entrepreneur sold the shares before potentially disappointing production and delivery numbers were made public.S

Channel News Asia

Government of Singapore

Singapore

Tesla Inc. shareholder Michael Perry on Thursday filed a lawsuit against Elon Musk alleging insider trading when the CEO sold shares worth over $7.5 billion in the last two months of 2022.

Benzinga

New York

United States

Elon Musk Faces $7.5B Insider Trading Allegation From Tesla Shareholder

One Tesla shareholder filed suit against CEO Elon Musk, alleging that he had committed insider trading by selling shares just before production took a downturn. Michael Perry filed the lawsuit in regard to Musk selling his shares in November and December of 2022. During that fourth quarter, Tesla delivered over 405,000 cars, which represented a growth of 40% year over year, despite a dip in November.  However, Perry alleges that Musk would have …

Washington Examiner

Philip Anschutz

Washington

District of Columbia

Elon Musk faces allegations of insider trading by Tesla shareholder in lawsuit - Washington Examiner

Elon Musk had inside knowledge of a miss on production and delivery numbers that Tesla Inc. was facing when he sold more than $7.5 billion in stock in 2022, a shareholder in the electric vehicle maker claimed in a lawsuit.

Bloomberg

Michael Bloomberg

The Vanguard Group

Howard Buffett

BlackRock

Musk Accused of $7.5 Billion of Insider Trades in Investor Suit

ALAIN JOCARD/ Getty ImagesTesla investor Michael Perry sued Elon Musk for insider trading.He accused Musk of selling $7.5B worth of Tesla stock, knowing the company would miss Q4 targets.The stocks would be worth 55% less if Musk sold them after the Q4 results were released, he alleged.A Tesla investor accused Elon Musk of using insider information on his company to sell $7.5 billion worth of Tesla stock in 2022, according to a lawsuit filed Thu…

Business Insider

Tesla investor accuses Elon Musk of insider trading that banked him $7.5 billion

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Lee Enterprises

Billings

Yellowstone County

Montana

Musk accused of $7.5 billion of insider trades in investor suit

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Tesla shareholder sues Musk for alleged $7.5 billion insider trading

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