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
Link: https://finance.yahoo.com/news/tesla-shares-plummeting-following-sec-lawsuit-122749623.html
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?
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