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Tesla's Elon Musk calls SEC 'broken' in new Twitter spat

Updated : February 26, 2019 10:03 PM IST

The regulator did not say what remedy it wanted the court to impose, but the commitment was part of a settlement which headed off demands from the SEC for Musk to resign as Tesla CEO, seen by investors in the company as a substantial risk to its future.
Musk, who initially on Monday accused the SEC of failing to read the company's annual reports, followed up with another tweet in the early hours of Tuesday.
Tesla's Elon Musk calls SEC 'broken' in new Twitter spat
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