Did Elon Musk Get What He Deserved?

0 | By Wall Street Insights and Indictments Staff

Needless to say, anyone who hasn’t heard the latest in the Elon Musk vs. the SEC case is likely living under a rock. The genius CEO of Tesla Inc. (NasdaqGS:TSLA), following an irresponsible and downright manipulative tweet on August 7, was charged with a $20 million fine by the SEC and will step down as Tesla’s chairman starting next month.

On this episode of Varney & Co., Shah Gilani, who’s always had much to say regarding the ringmaster Elon Musk, expresses what he think should and shouldn’t have happened in the SEC ruling – and what it could mean for investors.

Later, Facebook Inc. (NasdaqGS:FB) was slapped with a fine, upwards of $1 billion for their security breach in Europe. Is it still worth buying? Shah Gilani reveals if he thinks the tech titan is a buy or a pass right now…

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