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Musk, SEC Tell Court Talks Over Twitter Use Are 'Productive'

Law360 (April 25, 2019, 11:24 PM EDT) -- Tesla Inc. CEO Elon Musk’s ongoing discussions with the U.S. Securities and Exchange Commission about his free-wheeling use of Twitter “continue to be productive,” Musk and the SEC have told a New York federal judge.

Both parties filed a joint status update late Thursday requesting another time extension for working out their enduring feud over Musk’s tendency of taking to Twitter to casually comment on various aspects of his $46 billion electric car company.

The SEC has said his recent musings on social media constitute a violation of last fall’s $20 million settlement over earlier tweets, and Musk should be held...

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New York Southern

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Securities/Commodities

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September 27, 2018

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