Elon Musk pays the price to play with the feds



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They include statements regarding the financial situation of Tesla, trading projects or potential (remember the whole Saudi issue of the privatization of Tesla), production figures, performance forecasts, financing or loan agreements, and even Musk transactions with the company's securities. The Tesla Board of Directors will also have the right to seek approval for additional matters if it believes that it is in the best interests of the shareholders.

Basically, the agreement clarifies the details of the old Musk alleged to have been violated and will place even more restrictions on its use of Twitter. "Any attempt by Musk to bypass the process will be much easier to control," said Mike Diamond, a professor of securities law at the University of Santa Clara. "It could have been a lot worse for him," he added. "The consequences of snubbing the SEC could have been worse for him and society."

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