Tesla’s Musk Says Tweet That Cost Him $20 Million Was ‘Worth It’

Oct. 29, 2018, 1:50 PM UTC

Tesla Inc.’s Chief Executive Officer Elon Musk said he was signing off Twitter for a few days, shortly after tweeting that the $20 million penalty he was given for announcing on Twitter that he had funding to take the electric vehicle maker private was “worth it.”

His sign-off culminated a series of tweets that included an announcement about the release of autopilot drive on navigation.

Earlier in October, a U.S. judge approved Tesla and Musk’s $40 million settlement with the Securities and Exchange Commission over a probe of Musk’s August tweets about trying to take the company private. Musk agreed ...

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