The Securities and Exchange Commission has asked a federal judge to hold Tesla CEO Elon Musk in contempt for sending out an inaccurate tweet, according to a court document filed today in Southern District of New York. According to SEC officials, Musk violated the rules of a settlement reached last fall regarding his use of Twitter to disclose financial information about the electric carmaker.
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.
— Elon Musk (@elonmusk) February 20, 2019
Oh hi lol pic.twitter.com/9WvbtTHoxS
— Elon Musk (@elonmusk) February 26, 2019