Elon Musk Accused Of Breaking Law While Buying Twitter Stock

The transcript discusses allegations against Elon Musk for not disclosing his 5% stake in Twitter by March 14th, as required by securities law. He delayed the disclosure until April 4th, which allegedly harmed less wealthy investors who sold shares without knowing Musk's significant investment.

What was Musk accused of in relation to his Twitter stock purchase?

• Insider trading

• Breaking the law

• Market manipulation

• Tax evasion

By what date had Musk acquired a 5% stake in Twitter?

• April 4th

• March 24th

• March 14th

• March 4th

What was Musk legally required to do after reaching a 5% stake in Twitter?

• Increase his stake

• Sell his shares

• Publicly disclose his holdings

• Transfer shares to a trust

When did Musk actually disclose his major investment in Twitter?

• March 14th

• March 24th

• April 4th

• April 14th

How did Musk's delayed disclosure affect less wealthy investors?

• It increased their profits

• It led to a market crash

• It had no effect

• It caused them to sell shares at a lower price