The founder of Tesla and Space X again angered the Securities and Exchange Commission. As before, the reason is announcing his Twitter account. The previous big outburst on Twitter cost the board chairman a $ 20 million fine.
The Securities and Exchange Commission has asked the Court in New York to require Mr. Mask for the new tweet. In a new publication on the microblog, he writes
"In 2011 Tesla produced 0 vehicles, in 2019 it will produce almost 500 000".
This is contrary to the previous agreement, by which Mr. Mask was to stop publishing Tesla news from his Twitter account. Specifically, every tweet connected with the company had to be approved by someone from Tesla. For this, even a body for oversight of the announcements of Mr. Mask.
The Commission argues that Mr. Mask did not get permission before he released the tweets. Accordingly, he violated the court agreement and should be held accountable.
If you have forgotten Mr. Mask was accused of influencing the stock market. The tweets, or rather, several, were initially aimed at privatizing Tesla, and then that the funds for privatization were provided. Then the experts thought that Mr. Mask even received and overstated the penalty.