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The latest in the legal battle began Feb. 19, when Musk tweeted to more than 24 million of its Twitter followers: "Tesla made 0 cars in 2011, but will make about 500,000 in 2019."
He then tweeted a clarification by stating: "That meant annualized production rate at the end of 2019, probably around 500,000, or 10,000 cars / week, and deliveries for the year are still estimated at around $ 400,000." .
Wednesday evening, Tesla has confirmed its forecast for the whole year, between 360,000 and 400,000 vehicle deliveries in 2019, while announcing disappointing shipments in the first quarter – about 63,000 electric vehicles against 76,000 expected by analysts.
So to reach the bottom of its forecast, Tesla is expected to provide an additional 297,000 vehicles to its customers in 2019, an average of 99,000 per quarter. That's more than what Tesla has ever delivered during any quarter – its record is 90,700 in the last quarter of 2018.
Judge Alison Nathan heard the pleadings Wednesday in Manhattan federal court, but rather than rule immediately, she asked Tesla and the financial regulators to try to resolve their differences within two weeks.
In response, Musk said in a statement: "I have a lot of respect for Judge Nathan, and I'm delighted with her decision today." The tweet in question was truthful, unimportant for the shareholders and in no way constituted a violation of my agreement with the chairman. " DRY. We have always felt that we should be able to resolve disputes directly with the SEC, rather than rush to court prematurely. Today, that's exactly what Judge Nathan asked. "
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