SEC says Musk’s contempt defense ‘borders on the ridiculous’
DETROIT (AP) — U.S. securities regulators are fighting back against Tesla CEO Elon Musk, arguing that he should be held in contempt for brazenly violating a federal court order.
The Securities and Exchange Commission says in a response to Musk filed Monday night that he didn’t get a single tweet approved by a company lawyer, violating terms of the October order that settled fraud allegations.
Agency lawyers wrote that Musk interprets the order as not requiring pre-approval unless he
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