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Musk, who initially on Monday accused the SEC of failing to read the company’s annual reports, followed up with another tweet in the early hours of Tuesday novel cufflinks. “Something is broken with SEC oversight,” he wrote. Shares of the electric carmaker dipped 0.3 percent to close at $297.86, paring losses from an early sell-off fueled by concern among investors that Musk had reopened his feud with the regulator. The company’s only junk bond also dipped 0.75 points to a cash price of 87.75 in thin trading, still some way off last year’s lows..

“With Tesla/Musk settling with the SEC in October this black cloud was in the rear view mirror for the company,” analysts from brokerage Wedbush said in a note to clients. “This latest tweet (is) a wild card that could potentially bring this tornado of uncertainty back into the Tesla story until resolved.”. J.P. Morgan Securities analyst Ryan Brinkman said that in a worst case scenario, the SEC could again seek Musk’s removal as CEO for violating the terms of the agreement and its shares could fall by a fifth, or more than $50, in value novel cufflinks.

“It is difficult to judge the likelihood of the reappearance of this worst case scenario .. but on the other hand the current allegations seem much less serious (than last year’s),” Brinkman told clients in a note. “If the SEC were to seek Mr novel cufflinks. Musk’s removal (perhaps subject to yet another settlement), we believe the shares may approach the mid-$200 levels.”. Thirteen of 32 Wall Street brokerages now rate the electric car company a “buy” or higher. Eight view it as a “hold” and 11 “sell” or lower, with a median PT of $327.50..

Tesla’s general counsel Dane Butswinkas, hired as an outside counsel to help settle the case with the SEC, resigned a day after Musk made the tweet to which the new SEC case refers. The tweet read: “Tesla made 0 cars in 2011, but will make around 500k in 2019,” an inaccurate claim which the SEC said had not been pre-approved by the board and was disseminated to over 24 million people. Musk corrected his tweet four hours later to say that the “annualized production rate” at year-end 2019 would probably be about 500,000, with deliveries expected to be about 400,000 novel cufflinks.

SEOUL (Reuters) – Hyundai Motor Group on Tuesday rejected demands by U.S novel cufflinks. activist investor Elliott Management for a combined 7 trillion won ($6.3 billion) dividend payout and new board members, complicating efforts to revamp South Korea’s second-biggest conglomerate. Opposition from Elliott led Hyundai to drop an attempt to overhaul its ownership structure last year, and Executive Vice-Chairman Euisun Chung pledged in January to complete a restructuring expected to pave the way for him to succeed his father Mong-Koo Chung as group chairman..