Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
Tesla production rate tweet didn't violate SEC settlement: Musk
short by Arundhati Rawat / on Tuesday, 12 March, 2019
Tesla CEO Elon Musk, in documents filed on Monday, argued that his recent tweet on Tesla's 2019 production estimates didn't violate the SEC settlement and he shouldn't be held in contempt. Filings said the "immaterial" tweet was a "restatement of publicly disclosed information". The SEC had claimed Musk violated deal by sharing material information on social media without Tesla's pre-approval.
read more at TechCrunch