Elon Musk’s latest tweets raise questions on SEC accord


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The tweet appears to fall under the scope of Musk’s amended accord with the U.S. Securities and Exchange Commission. Under the agreement, Musk must get pre-approval from a Tesla securities lawyer before posting production figures that haven’t been disseminated before.

Neither Tesla nor Musk previously issued a projection for how many roofs the company will produce by the end of this year. Representatives for Tesla didn’t immediately respond when asked whether Musk obtained pre-approval before sending his tweet. Judy Burns, an SEC spokeswoman, declined to comment.

Musk reached the revised deal with the SEC after the agency claimed he was in contempt of a settlement stemming from allegedly fraudulent tweets sent almost a year ago about taking Tesla private. Without running a post by Tesla counsel ahead of time, the CEO tweeted in February that the company would make half a million cars in 2019. He drafted a clarifying follow-up tweet hours later, with the help of a lawyer.




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