Musk and SEC ask for more time to resolve fight over Tesla tweets


  • Business
  • Saturday, 20 Apr 2019

Tech maverick Elon Musk claims his Neuralink startup is making progress on its brain-computer interface effort, but experts in the field remain cautious.

MANHATTAN: Elon Musk and the US Securities and Exchange Commission will have another week to resolve a legal fight over his tweeting habits after saying they’re making progress and need more time.

In a joint letter to US District Judge Alison Nathan, Tesla Inc’s top executive and the securities regulator said they haven’t been able to resolve a legal dispute over how Musk posts news about his electric-car company. The judge agreed and gave them until April 25.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Sin-Kung Logistics’ IPO public portion oversubscribed 26.5 times
Banking sector's 5.4% YTD loan growth in line with expectation for 2024
Maersk says Red Sea disruption will cut capacity by 15-20% in second quarter
Gold rises on Fed rate cut hopes, Middle East tensions
Oil climbs as Gaza tensions rise, Saudi Arabia hikes prices
Ways China must tread for seamless transition to new era
Home sweet home
Asia shares rally on China's gains, Fed cut bets; yen weakens
Seeking cover from middlemen
A real need for local giants

Others Also Read