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Elon Musk cheers on Justice Department probe of short sellers

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Elon Musk gestures as he speaks during a press conference at SpaceX’s Starbase facility near Boca Chica Village in South Texas on February 10, 2022.

Jim Watson | AFP | Getty Images

Tesla CEO Elon Musk told CNBC that he is glad to see the Justice Department is investigating short sellers, who have long been a target of the billionaire’s ire. He also took a fresh shot at the Securities and Exchange Commission, another of his frequent targets.

“I am greatly encouraged by the Justice Department investigating short sellers,” Musk told CNBC in an email Tuesday. “This is something the SEC should have done, but, curiously, did not.”

The Justice Department is reportedly investigating two investors…



Source cnbc.com

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