Musk Lays Into SEC With More Tweets After U.S. Contempt Claim
This article is for subscribers only.
Elon Musk kept up his attack on the U.S. Securities and Exchange Commission on Twitter, even after landing in more regulatory trouble with potential penalties that at worst could see him being barred from running Tesla Inc.
“Something is broken with SEC oversight,” Musk wrote, in response to a user’s tweet sympathizing with this position. The U.S. regulator on Monday asked a judge to hold him in contempt for violating a settlement that required him to get Tesla approval for social media posts and other writings that could be material to investors.