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Elon Musk Furious at Powerful Regulator Probing Twitter 2.0 Practices

By Ilene
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By LUC OLINGA, TheStreet

This is bad news for Elon Musk — and it’s likely to deepen his anger at federal regulators. 

The Tesla CEO has for four years battled the Securities and Exchange Commission over his tweets, including his summer 2018 posts in which he said he wanted to take Tesla private and had secured financing for the deal.

The serial entrepreneur reached a settlement with the federal agency to end the investigation. In the accord, Musk and Tesla each agreed to pay a $20 million fine and he stepped down as Tesla’s chairman. And the board was obligated to review his “communications with investors.”…

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