Mark Cuban Prodded Tesla’s Elon Musk to Settle SEC Charges

By Anonymous

A phone call from the billionaire helped break an impasse between the car company CEO and securities regulators on charges he misled stockholders in a tweet

A 15-minute phone call from billionaire Mark Cuban helped break an impasse between Tesla Inc. Chief Executive Officer Elon Musk and federal securities regulators on charges that he misled investors in an August tweet saying Tesla would go private at $420 a share.

Late last Thursday night—after Mr. Musk initially walked away from an agreement...