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Musk, SEC Settle Legal Fight Over His Tweets About Tesla

  • Agency had sought contempt-of-court ruling against CEO
  • Musk tweets he accepts blame for ‘the foolish things I say’
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Musk Settles Legal Battle With SEC
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A regulatory fight over Elon Musk’s tweeting habit may be over -- at least for now.

Tesla Inc.’s chief executive officer and the U.S. Securities and Exchange Commission said in a court filing Friday that they are settling a legal dispute over how Musk posts news about his electric-car company, avoiding a decision by a federal judge in New York on whether the billionaire should be held in contempt of court.