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Since Elon Musk tweeted about the privatization of Tesla, his use of the platform has posed a problem for the government, but the CEO has reached today a modified deal with the SEC. according to Reutersif a judge approves the transaction, the contempt charges in his previous settlement will be dropped. Musk must obtain prior agreement from Tesla's legal department when it makes a public statement on the company's finances.
In December, Musk said 60 minutes "I do not respect the SEC" and quoted the first amendment. The SEC sought to hold it in contempt because of a February's Tweet this overestimated the number of vehicles that Tesla planned to build this year. A copy of the agreement, uploaded by BBC reporter Dave Lee, indicates the specific language added that explains:
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