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Judge gives Musk deadline to respond to SEC's contempt request

bizjournals Tuesday, 26 February 2019
Tesla Inc. CEO Elon Musk faces a March 11 deadline to explain why he should not be held in contempt of court for allegedly violating his fraud settlement with the U.S. Securities and Exchange Commission, Reuters reports. U.S. District Judge Alison Nathan in Manhattan on Tuesday ordered Musk to respond by that date to the SEC's request that the Tesla chief be held in contempt over a Feb. 19 tweet. In last week's tweet, Musk initially misstated the automaker's projected production numbers for this…
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News video: The SEC Is Well And Truly Fed Up With Elon Musk's Tweets

The SEC Is Well And Truly Fed Up With Elon Musk's Tweets 01:08

Tesla Inc CEO Elon Musk has been called on the carpet once again by the U.S. Securities and Exchange Commission. Musk must explain to a federal why he shouldn't be held in contempt for violating his fraud settlement with the SEC. The order by U.S. District Judge Alison Nathan in Manhattan came...

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