Elon Musk Ordered to Tell Judge Why He’s Not in Contempt

Musk agreed to have tweets that could affect Tesla's stock pre-approved. Now the SEC is alleging that Musk broke the terms of that agreement.

  • Published 26 February 2019

DETROIT (AP) — Tesla CEO Elon Musk has until March 11 to explain to a federal judge in New York why he shouldn't be held in contempt of court. U.S. District Judge Alison Nathan issued an order Tuesday after federal securities regulators asked the court to hold Musk in contempt for violating the terms of a settlement agreement. The Securities and Exchange Commission sought the order following a Feb. 19 tweet from Musk about auto… Read at AP News