Elon Musk and the SEC are debating whether one of Musk's tweets violated a settlement they reached in 2018.
that it expected to deliver between 360,000 and 400,000 vehicles in 2019.
that Musk had violated the terms of his settlement with the agency by not receiving approval from Tesla before publishing his tweet about vehicle production. The agency asked a judge to hold Musk in contempt of the federal court that approved the settlement.Diego Donamaria/Getty Images for SXSW Musk's settlement with the SEC requires Musk to receive approval from Tesla before tweeting information about the company that could be relevant to shareholders. The February 19 tweet about vehicle production did not meet that criterion, Musk's attorneys said, since it was close to projections that had already been made.
That the lawyer set up a meeting with Musk to write the corrected tweet indicates that the first tweet did, in fact, violate the settlement, the SEC said.
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