Elon Musk makes deal with SEC not to discuss Tesla's finances without a lawyer's approval

Canada News News

Elon Musk makes deal with SEC not to discuss Tesla's finances without a lawyer's approval
Canada Latest News,Canada Headlines
  • 📰 CNBC
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 72%

Elon Musk makes deal with SEC not to discuss Tesla's finances without a lawyer's approval.

over his use of Twitter, according to an amended filing in U.S. District Court of the Southern District of New York.

any event requiring the filing of a Form 8-K by the Company with the Securities and Exchange Commission, including:- a change in the Company's directors; any principal executive officer, president, principal financial officer, principal accounting officer, principal operating officer, or any person performing similar functions, or any named executive officer; or

This superseding agreement settles a dispute between the SEC and Musk about whether the Tesla chief violated the terms of their original deal in which he had agreed to clear his tweets containing material information about the company before posting. The SEC had asserted that Musk never sought clearance for any tweet.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CNBC /  🏆 12. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Elon Musk and the SEC resolve dispute over the Tesla CEO’s tweetsElon Musk and the SEC resolve dispute over the Tesla CEO’s tweetsThe SEC had asked a federal judge to hold Musk in contempt over a tweet concerning Tesla's production numbers.
Read more »

Elon Musk, SEC Propose Deal to End Latest Court Fight Over Tesla CEO’s TweetsElon Musk, SEC Propose Deal to End Latest Court Fight Over Tesla CEO’s TweetsElon Musk and the Securities and Exchange Commission have proposed a deal to end the latest court battle over Mr. Musk’s tweets. The agreement would avert the risk of the Tesla CEO being held in contempt of court.
Read more »

Tesla CEO Elon Musk, SEC settle latest Twitter beefTesla CEO Elon Musk, SEC settle latest Twitter beefTesla Inc. Chief Executive Elon Musk and the Securities and Exchange Commission announced a settlement stemming from their latest Twitter beef Friday afternoon.
Read more »

Elon Musk and SEC again ask for more time to reach deal over Twitter disputeElon Musk and SEC again ask for more time to reach deal over Twitter disputeTesla chief Elon Musk and the SEC asked for a second delay and requested to provide the court another joint submission indicating whether they have reached an agreement over Musk's Twitter use on or before April 30.
Read more »

Tesla's Elon Musk, SEC again ask for more time to reach deal over CEO's Twitter useTesla's Elon Musk, SEC again ask for more time to reach deal over CEO's Twitter useTesla Inc Chief Executive Elon Musk and the U.S. Securities and Exchange Commiss...
Read more »

Elon Musk, SEC Standoff Over Tweets ContinuesElon Musk, SEC Standoff Over Tweets ContinuesElon Musk and the SEC want more time to work out their dispute over whether the Tesla CEO violated a court order restricting his use of social media.
Read more »

Cramer: Elon Musk is the P.T. Barnum of our time — call him 'P.T. Musk'Cramer: Elon Musk is the P.T. Barnum of our time — call him 'P.T. Musk''I just keep finding it's a three-ring circus with the guy. It's kind of annoying but he's exciting,' says CNBC's Jim Cramer.
Read more »

Elon Musk says Tesla owners could make up to $30,000 a year turning their cars into 'robotaxis'Elon Musk says Tesla owners could make up to $30,000 a year turning their cars into 'robotaxis'Elon Musk unveiled a plan to re-purpose Tesla vehicles into robo-taxis, allowing Tesla owners to rent out their cars while not in use via an app.
Read more »



Render Time: 2025-03-03 12:21:34