SEC, Tesla CEO Elon Musk seek one-week delay to resolve contempt motion


Elon Musk and the SEC have asked for a one-week delay to resolve their contempt of court dispute, the parties announced today in a joint submission a federal judge.

“While we have not reached an agreement, counsel for the SEC, Mr. Musk, and counsel for Tesla met and conferred for over an hour by telephone earlier this week and are continuing to discuss potential resolution. Because our discussions are ongoing, we respectfiilly request to provide the Court with another joint submission on or before April 25, 2019, indicating whether we have reached an agreement in principle,” the submission says.

Products You May Like

Articles You May Like

Home Depot earnings beat despite wet start to spring
As a financial advisor shortage looms, college programs look to help fill the talent gap
Stock picking is making a comeback with nearly half of managers beating the market
Australia won’t take sides in the US-China trade dispute, says former PM Gillard
Millennials need to get off the sidelines and start investing now

Leave a Reply

Your email address will not be published. Required fields are marked *