The Securities and Exchange Commission asked a New York judge on Monday to decide whether Tesla, Inc.’s Chief Executive Officer Elon Musk violated the terms of a settlement agreement that the two parties reached last year.
Last month, the SEC asked a federal judge to hold Musk in contempt of court, arguing one of his tweets from Feb. 19 violated language in the settlement.
Musk tweeted at the time that Tesla “will make around 500k” cars in 2019, which the SEC argued violated an agreement requiring Tesla to vet all of Musk’s public communications about the company. Musk amended the tweet within several hours.
