New York (CNN Business) A federal judge is giving Tesla CEO Elon Musk and the US Securities and Exchange Commission two weeks to settle their differences. Judge Alison Nathan said Thursday that they should use the time to renegotiate and clarify parts of a 2018 settlement agreement that required stricter oversight of Musk's social media use. The deal has been the centerpiece of a months-long standoff between the tech billionaire and federal securities regulators. The SEC had asked the court to hold Musk in contempt for violating an agreement that requires he get pre-approval for social media posts about the electric car company. Nathan essentially punted the issue on Thursday by asking Musk and the SEC to go back to the drawing board and better define exactly how and when Musk's tweets need to be reviewed.

Source: CNN April 04, 2019 17:51 UTC