Financial regulators admonished Tesla for Elon Musk tweets last year, but did not file a motion to compel enforcement of their settlement agreement.
prompting a more than $13 billion decline in the company's market value, according to the report. The SEC also pointed to Musk tweets from 2019, where he discussed solar roof production numbers without obtaining pre-approvals, the Journal said.
Musk is required to have Tesla-related tweets that contain material company information approved by an attorney before posting them. A so-called "twitter sitter" was part of a revised settlement agreement struck between the SEC, Musk and Tesla. The settlement terms also required Musk to give up his role as chairman of the Tesla board, among other things.
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