Tesla CEO Elon Musk, SEC settle complaint over his Twitter use
According to a court filing, the two sides agreed to amend the original settlement to be more specific about exactly what types of statements Musk must have approved by lawyers before tweeting them.
In the reworked settlement, the SEC left no wiggle room in that regard. It has now replaced the materiality baseline with a long list of specific Tesla metrics that must be shown to a lawyer before they can be shared.
Tesla TSLA, -5.04% stock gained about 1% in late trading Friday afternoon after the settlement was confirmed. Shares fell 14% in the week to $235.14, their lowest close in more than two years, after Tesla reported large losses in the first quarter.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Cramer: Elon Musk is the P.T. Barnum of our time — call him 'P.T. Musk''I just keep finding it's a three-ring circus with the guy. It's kind of annoying but he's exciting,' says CNBC's Jim Cramer.
Baca lebih lajut »
Elon Musk says Tesla owners could make up to $30,000 a year turning their cars into 'robotaxis'Elon Musk unveiled a plan to re-purpose Tesla vehicles into robo-taxis, allowing Tesla owners to rent out their cars while not in use via an app.
Baca lebih lajut »
Elon Musk claims Tesla will have 1 million robotaxis driving next year — that's optimisticThe Tesla CEO warned investors, 'Sometimes I am not on time, but I get it done.'
Baca lebih lajut »
Elon Musk says Tesla robotaxis will hit the market next yearTesla CEO Elon Musk said on Monday that he's 'very confident' predicting autonomous robotaxis will hit the market in 2020.
Baca lebih lajut »
Tesla says robotaxis coming next year, touts self-driving microchipChief Executive Elon Musk said Tesla Inc robotaxis with no human drivers would b...
Baca lebih lajut »
Elon Musk says it's 'basically crazy to buy any other car but a Tesla'The Tesla CEO said that other vehicles will soon be so far behind Teslas in self-driving technology, owning another car will be like owning a horse.
Baca lebih lajut »
Tesla says robotaxis coming to U.S. roads next year, slams rivals' use of LidarElon Musk said Tesla robotaxis with no human drivers would be available in some markets next year
Baca lebih lajut »