01 / DOCUMENTED RECORD

What the sources establish

The SEC alleged Musk lacked an adequate basis for his August 2018 take-private statements. Musk and Tesla each agreed to a $20 million penalty; he left the chairmanship. [1]

A shareholder jury found Musk and Tesla not liable in 2023. The Supreme Court declined his challenge to the SEC settlement’s communications-review condition in 2024. [2][3]

02 / RESPONSE & OUTCOME

The other side of the record

The SEC settlement included no admission or denial. Musk challenged its speech restrictions. [1][3]

03 / CONTEXT

What this does not establish

A civil settlement is not a conviction; the shareholder verdict is retained alongside it.

04 / CHRONOLOGY

Key dates

  1. SEC announces settlement. [1]

  2. Shareholder verdict favors defendants. [2]

  3. Supreme Court declines review. [3]

05 / READ THE SOURCES

Check the record yourself

A source link may require a subscription. A news report about a filing is labeled as reporting; it is not presented as the filing itself.

  1. Primary · agency releasePublished: Sep 29, 2018
    SEC settlement terms ↗

    SEC

  2. ReportingPublished: Feb 3, 2023
    Shareholder trial outcome ↗

    Reuters

  3. ReportingPublished: Apr 29, 2024
    Supreme Court declines appeal ↗

    Associated Press