"Shortseller Enrichment Commission:" Musk mocks SEC on Twitter

Tesla also accepted a $20m fine, despite not being charged with fraud.

The rapid growth, as well as the proven relative stability of the stock, shows that investors trust Tesla and its future.

In a tweet Thursday, Musk congratulated the "Shortseller Enrichment Commission" for its "incredible work", noting its "name change is so on point!"

Following a freaky August 16 interview with The New York Times, Musk's actions were under scrutiny again last month after he appeared to smoke marijuana and drink whiskey during comedian Joe Rogan 's podcast. Within 45 days, an independent chairman will replace Musk, who will be ineligible for reelection for the next three years. There was no immediate reaction from the SEC.

Mr Musk, 47, has long had a hatred of shortsellers - investors who have been betting on a fall in Tesla stocks.

The tweet came just hours after U.S. District Court Judge Alison Nathan in Manhattan ordered Musk and the SEC to submit a joint letter justifying the terms of the settlement by October 11.

The SEC, whose @SEC_News Twitter handle has about 251,000 followers to Musk's more than 22.8 million, is also active on the messaging service but has refrained from posting about Musk or Tesla since last weekend's settlement.

The SEC's deal with Musk is sensible and correct, said Matt Levine at Bloomberg.

Updated at 5:25 p.m. PT with Musk's tweet about short sellers. Critics accused the SEC of "letting him off easy", said David Gelles, also at the Times.

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We can safely say that none of this is helping neither Musk or Tesla in the current situation. The proposed take-private price was $420 a share.

Thomas Gorman, a partner at Dorsey & Whitney in Washington, DC, said Musk might argue that the latest tweet might be a mere "personal lament", and not a violation of the settlement.

The settlement, which still must be approved by a federal judge, includes a provision meant to rein in the Tesla chief's much-criticized use of Twitter.

In its quarterly letter, Greenlight said on Friday its short position on Tesla was its second-biggest victor in the third quarter.

Elon Musk tweets and stirs controversy again on the Internet in the wake of his SEC settlement.

One of the terms of the settlement was that Musk would not take any action or make any public statement denying any SEC allegations or "creating the impression that the complaint is without factual basis".

Another Tesla bull, Gerber Kawasaki CEO Ross Gerber, was more blunt in expressing his disapproval of Musk's post.

The SEC declined to comment about the latest tweet, and a spokesperson for Tesla was not immediately available for comment.

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