The U.S. Securities and Exchange Commission (SEC) has sued Elon Musk, CEO of Tesla, to compel him to testify over his purchase of Twitter last year. The SEC alleges that Musk failed to appear for a required testimony in September. The investigation is related to whether anyone committed securities fraud in purchasing Twitter shares while Musk was buying stock in the company. The SEC claims that Musk's refusal to comply with the subpoena is hindering the investigation and is asking the court to compel him to appear for testimony. A hearing is scheduled for November 9.

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