Musk and SEC request delay on deadline to resolve tweet dispute
By: Nicolas V.
Elon Musk and the Securities and Exchanges Commission are still struggling to put their “reasonableness pants on.”
The two parties have requested an extension — of April 25 — on their court-ordered directive to work out their issues regarded Musk’s tweeting.
In a Thursday letter to Manhattan federal judge Alison Nathan, over the SEC’s request to hold Musk in contempt of court over his Tesla tweets, the parties said they are “continuing to discuss potential resolution.”
Nathan had ordered the pair to put their “reasonableness pants on and work this out,” giving them two weeks to meet for at least one hour and attempt to reach an agreement.
Musk left the courthouse laughing and grinning. Asked if he thought he could work out an agreement with the SEC, he smirked and said, “Most likely.”
