Musk is required to get his statements about Tesla approved by company officials before he publishes. A recent tweet misstated the company's production rate.
Elon Musk, co-founder and chief executive officer of Tesla Inc., pictured in December, has been accused by the Securities and Exchange Commission of violating a settlement over last year's misleading tweets. Robyn Beck/AP toggle caption Robyn Beck/AP Elon Musk, co-founder and chief executive officer of Tesla Inc., pictured in December, has been accused by the Securities and Exchange Commission of violating a settlement over last year's misleading tweets.
19, Musk that"Tesla made 0 cars in 2011, but will make around 500k in 2019." But that claim ran contrary to previous guidance from Tesla about the upstart car company's productivity projections. In another tweet about four hours later, Musk said,"Meant to say annualized production rate at end of 2019 probably around 500k, ie 10k cars/week. Deliveries for year still estimated to be about 400k.
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