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US judge orders Elon Musk to testify in SEC's Twitter probe

Economic Times · 1y

A federal judge has ordered Elon Musk to testify in the U.S. Securities and Exchange Commission's investigation into his acquisition of Twitter. The judge's order came after Musk refused to attend an interview as part of the probe. The SEC is examining whether Musk followed the law when filing paperwork for the Twitter takeover and if his statements about the deal were misleading. If both parties cannot agree on a date and time for the interview, the judge will decide. This is the latest in the ongoing friction between Musk and the SEC.