Last week, Tesla CEO Elon Musk couldn’t contain himself — he had to tweet about his electric car company.
The problem? After he reached a settlement with the U.S. Securities and Exchange Commission last year over his now infamous “funding secured” tweet, he isn’t supposed to tweet about things that could impact markets and his publicly traded company without approval from Tesla.
Tesla made 0 cars in 2011, but will make around 500k in 2019
— Elon Musk (@elonmusk) February 20, 2019
Now Bloomberg reports that the SEC is asking a judge to hold Musk in contempt for tweeting Tesla would make “around 500K” cars in 2019. Read more…
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