As Twitter desperately tries to fend off his hostile takeover bid, Elon Musk could be facing another potential battle with the federal government, with both the Securities And Exchange Commission (SEC) and the Department of Justice reportedly poised to launch an investigation targeting him.
Fox Business reporter Charles Gasparino said Thursday that as Elon Musk offered to buy Twitter, a legal source told his network that the Securities and Exchange Commission and the Department of Justice launched what he described as a "joint investigation" into a "myriad of Musk regulatory issues primarily involving Tesla."
In spring 2020, state and local governments were confronted with cascading costs in managing the public health response to the pandemic, spiking unemployment, and steep sales tax and user fee revenue declines resulting from business disruption and restrictions.
Americans’ wages have dropped by almost 3 percent under President Joe Biden’s high migration, big-spending policies, according to data presented by one of President Barack Obama’s top economists.
In a surprise announcement, Elon Musk turned down a seat on Twitter’s board of directors, according to a recent post by the company CEO, while speculations abound on the rejection as Musk was increasingly vocal about bringing about changes on the platform.