Sunday 28 April 2019

Tesla CEO Musk strikes deal with market regulators over tweets

Tesla CEO Musk strikes deal with market regulators over tweetsElon Musk and US stock market regulators told a US court on Friday that they have reached a deal to settle their differences over the Tesla chief executive's Twitter use. The settlement between Musk and the Securities and Exchange Commission sets out clearer guidelines on topics Musk should avoid on Twitter or other social media, including statements about acquisitions, mergers, new products and production numbers. Musk would have to adhere to Tesla rules regarding potentially significant comments by executives, and have tweets or other social media posts pre-approved by "an experienced securities lawyer employed by the company," according to the proposed settlement.




from Yahoo News - Latest News & Headlines https://yhoo.it/2XNp5jZ

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