Elon Musk has put himself in legal trouble with a post on Twitter. Again.
The Securities and Exchange Commission on Monday asked a federal court to hold Mr. Musk, chief executive of Tesla, in contempt of court for violating a settlement that he and the company reached with the commission last year. The S.E.C. said Mr. Musk issued an updated production outlook in a Twitter post on last Tuesday without first seeking approval from the company’s lawyers as required under the agreement.
‘Enforcement 40’ for 2020
Join Us On LinkedIn
Join the Securities Litigation and Enforcement Group on LinkedIn