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Elon Musk Estimates Tesla’s $35,000 Model 3 Will Arrive Midyear

11 December, 2018, 00:53 | Author: Shawna Walton
  • Tesla- Shutterstock

However, during the interview, Musk said no one has reviewed any of his tweets since the settlement with the SEC.

The charges stem from a tweet the 47-year-old billionaire wrote in August, which detailed plans to take Tesla private.

But, according to the terms of the settlement, any tweets pertaining to the automaker, such as one claiming that Tesla will "soon" be roadworthy for completely driverless interactions, would likely fall under the clause pertaining to mandatory "oversight of communications" before being sent to the world (Specifically, the settlement calls out Twitter by name). In the clip above, Musk says none of his tweets have been censored since the settlement. I do not respect the SEC-I do not respect them, ' says Tesla CEO Elon Musk. "I do not respect them".

A Tesla spokesperson confirmed to Business Insider that the company was in compliance.

Also during the 60 Minutes interview, the two discussed the scrutiny he's brought upon himself as a result of his tweeting, and Elon explains that he simply uses the platform to express himself.

"I do not respect the SEC-I do not respect them" he said in an interview on the CBS network news program "60 Minutes". And I didn't really want to try to adhere to some CEO template.

"If somebody comes and makes a better electric vehicle than Tesla and it's so much better than ours that we can't sell our cars, and we go bankrupt, I still think that's a good thing for the world".

"I think there was like literally one week where I actually worked 120 hours and just didn't leave the factory".

He scoffed at the idea that Denholm was put in place to keep him in line.

As Tesla pointed out, the settlement does not require oversight of Musk's Twitter feed until nearly the end of the year, so technically Musk has not broken the agreement.

When Musk was asked if he would like to go back to being chairman, he replied, "I prefer no titles at all". "Yeah. It, it's not realistic in the sense that I am the largest shareholder in the company".

"I want to be clear".

In addition, Musk talked about why he open-sourced Tesla's patents, saying competition in the electric cars industry is good for the environment. The Tesla Factory in Fremont, California is a former GM plant that closed in 2010 but reopened later that year under Musk.

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