Elon Musk is about to be on the hook for more than $150 million in SEC case
The SEC is seeking a summary judgment against Elon Musk for alleged securities law violations during his 2022 Twitter acquisition, which could leave him liable for over $150 million. This ongoing legal case represents a significant personal financial risk for Musk, but does not directly impact Tesla's operations or its vehicles. For Tesla owners and enthusiasts, the primary concern is the potential for distraction to the CEO, though the financial penalty itself would be borne by Musk personally.