US financial regulatory agency says Musk violated deal

US financial regulatory agency says Musk violated dealThe US Securities and Exchange Commission accused Tesla founder Elon Musk on Monday of failing to comply with a court-endorsed deal between the electric automaker and the regulatory agency. According to the SEC, a tweet from Musk on Tesla's 2019 production levels violates the deal, under which his tweets had to be reviewed prior to being published. On "February 19, 2019, Musk tweeted, 'Tesla made 0 cars in 2011, but will make around 500k in 2019.' Musk did not seek or receive pre-approval prior to publishing this tweet, which was inaccurate and disseminated to over 24 million people," the SEC said in court filing in New York federal court.




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