Musk Tweets Another Tesla Forecast in Midst of Talks With SEC
By Editor - Sun Apr 14, 7:32 pm
Musk wrote Sunday that Tesla will make more than 500,000 cars in the next 12 months. A similar tweet sent almost two months ago in which Musk said the company would build half a million vehicles in 2019 led the U.S. Securities and Exchange Commission to argue he was in contempt of a settlement reached with the regulator last year. The latest forecast, given as a seemingly innocuous aside in a discussion about the future value of Tesla vehicles, nonetheless came as Musk’s lawyers are negotiating with the SEC over an agreement that put controls on the billionaire’s tweeting.
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