Elon Musk and the SEC ask the judge for another week to resolve contempt dispute
Share to twitterElon Musk, chief executive officer of Tesla Inc., speaks with members of the media while arriving at federal court in New York, on Thursday, April 4, 2019.The U.S. Securities & Exchange Commission and Elon Musk told a federal judge they’re talking but need more time to work out a resolution over the regulator’s charge that Tesla’sIn a joint statement to Judge Alison Nathan, filed with the U.S.
This month Nathan avoided making an initial determination on whether Musk had broken terms of the October 2018 settlement—as claimed by the SEC—arising from his tweets about taking Tesla private that proved to be unfounded.that she would rule on the matter if the two sides couldn’t resolve the dispute outside of a courtroom.
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