Down 10 percent A email Friday, September 28, 2018 By Oliver Roeder You're reading Significant Digits, a daily digest of the numbers tucked inside the news. Down 10 percent The Securities and Exchange Commission is suing Elon Musk in federal court. The lawsuit has to do with Musk's now-infamous tweet in which he was "considering taking Tesla private at $420. Funding secured." It's those last two words that have caused a problem with the SEC. "In truth and in fact, Musk had not even discussed, much less confirmed, key deal terms, including price, with any potential funding source," says the SEC suit. Tesla stock dropped 10 percent following the news. [ The New York Times ] $500,000 CC Sabathia, the Yankees pitcher, was ejected from a game yesterday for beaning a batter in the sixth inning. Sabathia had entered the game with 148 innings pitched on the season — seven more and he'd have triggered a $500,000 bonus in...
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