Elon Musk's mystery Twitter sitter has one wild and crazy job
Posted in: UncategorizedThe SEC wasn’t mollified. It issued the contempt-of-court request, arguing the first post breached last year’s agreement, which settled claims that Musk misled investors with tweets about taking the company private. Tesla’s attorneys contend what he wrote just echoed what had already been said on an earnings call.
Musk took to Twitter to back up that position, saying the SEC had failed to read the transcript of that call and adding, “How embarrassing…” In another post, he piled on: “Something is broken with SEC oversight.”
U.S. District Judge Alison Nathan told Musk on Tuesday to file a brief responding to the contempt-of-court request by March 11.