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Elon Musk, SEC Seek Extra Time For Settlement Talks

Annie Gaus

CEO Elon Musk and the SEC have pushed off their efforts to reach a new settlement deal. In a joint filing on Thursday, Musk and the regulator requested an extension of one week to reach a resolution in their ongoing dispute. The SEC asked Judge Allison Nathan to hold Musk in contempt for violating a Sept. 2018 settlement baring him from tweeting material information about Tesla without prior review by the company.