SEC

Elon Musk Must Have Tweets Approved by Lawyer As Part of SEC Settlement

Tesla CEO Elon Musk has reached an agreement with the US Securities and Exchange Commission (SEC) ending his months-long standoff with the regulator over his social media use. The deal requires the entrepreneur to have his tweets about the car company pre-approved by a securities lawyer before he hits the tweet button. The arrangement covers a range of topics relating to the car-maker including the company’s financial health, production or delivery numbers and any potential mergers.

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