Elon Musk's lawyers shoot down SEC filing against Tesla CEO

Elon Musk's lawyers shoot down SEC filing against Tesla CEO

5 years ago
Anonymous $Dftgs0JzgE

https://www.cnbc.com/2019/03/12/elon-musks-lawyers-shoot-down-sec-lawsuit.html

Tesla Chief Executive Elon Musk shot back against U.S. securities regulators on Monday, arguing in a filing that his recent tweet about the electric vehicle maker's production volume did not violate the court's judgment and there is no basis to issue contempt against him.

Musk's tweet to his more than 24 million Twitter followers claiming the electric vehicle-maker would produce around 500,000 cars in 2019 complied with company's communication policy for senior executives, lawyers for the Tesla chief wrote in a filing in federal court in Manhattan.

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