Elon Musk Faces SEC Investigation Over Tesla’s ‘Self-Driving’ Claims: Report

Sources told Bloomberg that the review is part of an investigation into Tesla’s statements about its Autopilot driver assistance system. The “veracity” of Musk’s messaging on the issue is particularly important under the SEC’s rules, Bloomberg noted. SEC officials are considering whether Musk may have “inappropriately made forward-looking statements” about self-driving cars, a source told […]

Washington Needs a Crypto Rethink

Sam Bankman-Fried, the former poster boy for cryptocurrency, reportedly has agreed to be extradited from the Bahamas, to face fraud charges that could keep him confined for decades. The tremors from the collapse of FTX, his crypto-trading platform, continue to reverberate around Washington. At a hearing last Wednesday, Sherrod Brown, the Democratic head of the […]