Tesla asked law firm to fire attorney who worked on Elon Musk probe at SEC
A lawyer for Tesla asked a law firm to fire one its
attorneys or risk losing its work for the electric automaker led by Elon Musk,
The Wall Street Journal reported Saturday.
The lawyer that Tesla wanted Cooley LLP to fire previously worked at the U.S. Securities and Exchange Commission. The attorney interviewed Musk in the agency’s probe into the Tesla CEO’s 2018 claim that he obtained funding to take Tesla private, according to the publication.
The investigation
led to a settlement under which Musk and Tesla agreed to pay a $20 million fine
each and Musk agreed to step down for three years as Tesla chairman.
Tesla’s lawyer late last year asked Cooley to fire the
attorney who worked on the SEC investigation, the Journal reported, citing
people familiar with the matter. The firm did not remove the associate.
Tesla has moved to replace Cooley or hire additional lawyers
on several cases since December, according to the Journal.
Musk’s rocket company SpaceX has also stopped working with
the law firm on regulatory issues, the Journal reported, citing people familiar
with the matter.
Tesla has its own ties to the SEC. The company hired David
Misler, a former trial attorney for the agency, as a managing counsel.
Musk has clashed with more regulators than the SEC. The
National Highway Traffic Safety Administration has investigated whether Tesla’s
Autopilot driver assistance system is at least partly to blame for crashes in
which Tesla cars ran into parked first responder vehicles.
The agency brought on Missy Cummings – a Duke University
professor, automated systems expert, former Navy fighter pilot and Tesla critic
– as an advisor in the probe. Musk in October tweeted that “her track record is
extremely biased against Tesla,” sparking an outcry among his followers.
The NHTSA later required Cummings to recuse herself from
Tesla-specific matters, the Journal reported Saturday.
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