The next day, the SEC asked the company whether the tweets had been reviewed before being published, a requirement of a settlement agreement Musk reached late last year. As part of the settlement, Tesla agreed to review Musk’s market-moving tweets and public statements before he published them. A “Designated Securities Counsel continually monitors Mr. Musk’s tweets," the company said in its response. According to the SEC, Musk appears to have never been serious about complying with the agreement. That interaction shows that Musk didn’t plan to comply with the settlement, the SEC alleged.

Source: Washington Post February 25, 2019 23:40 UTC