Elon Musk’s Twitter Angers SEC

Elon Musk is in trouble for his tweets. The SEC asked courts to hold Musk in contempt for violating their settlement, which includes limiting social media comments.

They’ve held Musk under microscopic scrutiny due to his August 2018 tweets, later clarified as jokes, for potentially manipulating the market. He paid a $20 million fine and relinquished his chairman role for three years.

The judge recently gave Musk until March 11 to respond to the SEC’s comments. He gave his defense on Twitter shortly after, explaining he only replicated comments he made on a call with financial analysts and says the SEC oversight system is “broken.”  

PinitElon Musk's Twitter Angers SEC

Image Source: Twitter

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Elon Musk’s Twitter Angers SEC

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