Musk and SEC Get More Time to Solve Spat Over Tesla Tweets
- Both sides were ordered to amend an October deal over posts
- SEC had sought a contempt-of-court ruling against Tesla CEO
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Elon Musk and the U.S. Securities and Exchange Commission will have another week to resolve a legal fight over his tweeting habits after saying they’re making progress and need more time.
In a joint letter to U.S. District Judge Alison Nathan, Tesla Inc.’s top executive and the securities regulator said they haven’t been able to resolve a legal dispute over how Musk posts news about his electric-car company. The judge agreed and gave them until April 25.