Tesla receives subpoena from SEC over 2018 settlement

FILE PHOTO: A logo of the electric vehicle maker Tesla is seen near a shopping complex in Beijing, China January 5, 2021. REUTERS/Tingshu Wang/File Photo

BENGALURU: Tesla Inc said on Monday it received a subpoena from the U.S. securities regulator in November related to the SEC settlement that required top boss Elon Musk's tweets on material information to be vetted.

The disclosure in an annual filing with the U.S. Securities and Exchange Commission comes after Musk triggered a stock sell-off after asking his Twitter followers in November if he should sell 10% of his stake in the company.