The CEO’s lawyers are due in New York federal court Thursday to explain why the billionaire should not be held in contempt
has further undermined Musk's defense against the stock regulator's allegations. Here's what Ryan Brinkman, the bank's autos analyst, told clients:
Shares of Tesla opened down more than 9% on Thursday after Wednesday's deliveries miss, and the difference between Musk's statements and the company's official guidance could further erode investor confidence, Brinkman is warning.Elon Musk and the SEC are in a fierce battle over one of Musk's tweets — here's what you need to know about their dispute
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