Tesla Inc Chief Executive Elon Musk has reached a deal with the U.S. Securities and Exchange Commission to settle a dispute over his use of Twitter, agreeing to submit his public statements about the company's finances and other topics to vetting by its legal counsel, according to a court filing on Friday. If it is approved by a judge, the deal means the Tesla founder no longer faces the prospect of being held in contempt for violating an earlier settlement with the agency, which had required him to submit statements "material" to investors for prior review. Shares of Tesla rose 1.4 percent to $238.50 in after hours trading.
from Yahoo News - Latest News & Headlines https://yhoo.it/2UEvcoZ
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