the Founder of elbilproducenten Tesla, the entrepreneur Elon Musk, has once again come into trouble with the u.s. securities and exchange commission (SEC).
The 47-year-old Tesla-director is accused of having broken an agreement not to publish the tweets, which can influence the stock market, without first having obtained approval of Tesla.
According to the monitoring shows Musk, hence, contempt of court.
Back in september of last year included the Musk and Tesla a settlement with the SEC, after Musk had written the tweets, which misguided investors.
the Settlement meant, among other things, that Musk and his company would have to pay 40 million u.s. dollars – equivalent to about 260 million crowns.
at the same time, it was determined that the Musk would have approved tweets, that could affect the stock market.
It is the agreement that the SEC now believes that Musk has broken.
19. February wrote Musk on the social media Twitter that the ‘Tesla produced zero cars in 2011, but will produce around 500,000 in 2019’.
According to the securities exchange commission, it led to ‘significant disturbance of the market’.
Musk has thus violated the court’s decision to do just that, as the agreement on pre-approval should prevent writing the SEC.
In september last year the defendant the SEC Musk for fraud as a result of a tweet sent out to Tesla-the founder’s 22 million followers the 7. august.
– Considering the Tesla of the stock exchange for the 420 dollar per share. The financing secured, wrote Elon Musk on Twitter.
But the information was, according to the SEC plucked out of thin air.
– the Truth and the fact is that Musk had not discussed – and far from confirmed – the important terms of an agreement, including price, with any potential source of funding, it said, according to Bloomberg News in the bringing of the action.
The attention-grabbing tweet was due, according to monitoring something as mundane as an attempt by Musk to impress his girlfriend, the rapper Grimes.
It said the SEC’s Steven Peikin at a press conference in connection with the case:
– We claim that Musk came to the amount of 420 dollars, by putting a premium of 20 percent on Tesla’s then share price and then round up to 420 dollars, as a result of the century’s importance in the marihuanakulturen and his belief that his girlfriend would find it funny.
Musk did not challenge the reference to the cannabis-the code 420, which is widely used in north America. Musk has previously publicly smoked marijuana.
