Description: Shares of Tesla (TSLA) tumbled Friday, extending losses after Thursday’s news that the Securities and Exchange Commission (SEC) filed a lawsuit accusing Tesla CEO Elon Musk of defrauding investors when he tweeted last month that he was considering taking the company private.
Source: YahooFinance.com – video report
Date: Sep 21, 2018
Questions for discussion:
Why have Tesla shares fallen?
- What are the management issues facing the firm and investors?
- How should management and investors respond to events?