SEC, Elon Musk and Twitter
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The Securities and Exchange Commission has asked a federal judge to hold Tesla CEO Elon Musk in contempt for violating a settlement deal reached last year. Musk tweeted on February 19 that “Tesla made 0 cars in 2011, but will make around 500k in 2019.”
It started with yet another Elon Musk tweet. Where it ends, nobody knows. The SEC on Monday asked a federal judge to hold Musk in contempt for violating a settlement deal reached last year. That puts the billionaire Tesla CEO back in legal jeopardy — and ...