Musk is in contempt of court, screams SEC after Tesla boss brags about car production rates

Musk is in contempt of court, screams SEC after Tesla boss brags about car production rates

5 years ago
Anonymous $Dftgs0JzgE

https://www.theregister.co.uk/2019/02/26/musk_contempt_court_sec/

Elon Musk should be held in contempt of court, the US Securities and Exchange Commission has told a New York federal court after Tesla's mouthy CEO tweeted about the number of cars the company will roll out this year.

The US watchdog said a tweet about Tesla's plan to make 500,000 cars in 2019 was "inaccurate" and broke the terms of a 2018 agreement that stated Musk's commentary about the car maker would be vetted in advance.

Musk is in contempt of court, screams SEC after Tesla boss brags about car production rates

Feb 26, 2019, 1:25pm UTC
https://www.theregister.co.uk/2019/02/26/musk_contempt_court_sec/ > Elon Musk should be held in contempt of court, the US Securities and Exchange Commission has told a New York federal court after Tesla's mouthy CEO tweeted about the number of cars the company will roll out this year. > The US watchdog said a tweet about Tesla's plan to make 500,000 cars in 2019 was "inaccurate" and broke the terms of a 2018 agreement that stated Musk's commentary about the car maker would be vetted in advance.