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Tesla CEO Elon Musk, SEC settle latest Twitter beef

Tesla Inc. Chief Executive Elon Musk and the Securities and Exchange Commission announced a settlement stemming from their latest Twitter beef Friday afternoon.

According to a court filing, the two sides agreed to amend the original settlement to be more specific about exactly what types of statements Musk must have approved by lawyers before tweeting them. Previously, the settlement said that any potentially material statements had to be viewed by an experienced securities lawyer before Musk tweeted them, but Musk argued in filings for an SEC complaint about a subsequent tweet that the original settlement gave him the ability to determine if statements could be material before showing them to a lawyer.

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