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Russell Knight | 15 April, 2019, 22:29

A federal judge in NY has ordered Tesla CEO Elon Musk and US securities regulators to meet for at least an hour to try and settle a dispute over Musk's tweets.

Elon Musk and the SEC are in negotiations at the direction of a judge to set acceptable controls on his tweeting.

Musk wrote Sunday that Tesla will make more than 500,000 cars in the next 12 months. A US judge gave the two sides until April 18 to meet for at least an hour and resolve their differences. If they fail to do so, Judge Alison Nathan will rule on the contempt charge. Tesla agreed to pay a $20 million fine and Mr Musk stepped down as Tesla Chairman for at least three years.

"Shocked by Unsworth's indefensible and baseless attacks, Musk answered to defend himself and the efforts of SpaceX, Tesla, and the Boring Company employees who had given up their days and nights to help find a solution", the says.

Bloomberg reports that the tweet comes amid concern about the future performance of the company after reports that Tesla and Panasonic were shelving their plans to expand the production capacity of the Nevada gigafactory.

A former tweet regarding a strategy to take the business private led with the SEC to the first round of problems.

AOC thanks Bernie Sanders for defending Ilhan Omar against Trump attack
She then told Crenshaw, who lost an eye while fighting terrorism in Afghanistan, to go fight domestic terrorism. This comment did not make her favorite among the ranks of Hilary Clinton supporters.

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It also ends a almost 11-year major tournament drought for Woods, who last captured one back in 2008 at the US Open. In his first 14 major victories, Woods either led or was tied for the lead heading into the final round.

As of Wednesday's close, Tesla shares were down 12.3% up to now this year.

Tesla recently started deploying Autopilot on all its vehicles, while it was previously available as an option.

The judge was not impressed, however, and told both sides to "Take a deep breath, put your reasonableness trousers on, and work this out", giving them until this Thursday to settle their differences out of court.

"Everybody take a deep breath, put your reasonableness pants on and work out this", Nathan stated.

Nathan pushed Crumpton through the hearing to specify the conditions under which consent should be sought by Musk before he tweets, also attracted attention to ambiguity surrounding the principles that the SEC sought to apply.

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