The SEC on Monday asked a federal judge to hold Musk in contempt for violating a settlement deal reached last year. After that, Nathan will have to decide: Did Musk break the terms of the settlement agreement, which she approved in October? However, the settlement agreement stipulates that any edits to pre-approved language need to be approved again by Tesla's committee. Also, the SEC noted that the language Musk tweeted didn't have pre-approval in the first place, because it was incorrect. The SEC didn't specify what penalties it will seek if he is found in contempt, but it had previously sought to remove Musk as CEO.

Source: CNN February 26, 2019 20:37 UTC