Musk mocks watchdog that fined him

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In a tweet referring to the SEC as "Shortseller Enrichment Commission", Musk wrote sarcastically that the regulator was "doing incredible work". "And the name change is so on point!"

Those tweets claimed that Musk had "funding secured" to take Tesla private at $420 a share, sending the company's stock briefly soaring and forcing a halt in trading. It is also unclear whether this money will be used to cover Musk's $20 million SEC fine.

The Securities and Exchange Commission declined Business Insider's request for comment. In its lawsuit, the SEC suggested that Mr Musk was trying to harm short-sellers - investors who bet that a company's share price will fall.

Later, he re-posted a tweet he had written in 2012, saying: "That said, even though they cause me grief, I would defend the right of shorts to exist. There's no real upside".

Tesla Inc and Chief Executive Elon Musk.

FILE PHOTO: Tesla Chief Executive Elon Musk stands on the podium as he attends a forum on startups in Hong Kong, China January 26, 2016.

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Julie never said anything about being sexually assaulted, raped, gang-raped or having sex against her will. "It was terrible . He also described her as "an opportunist" who sought him out at the bar where he said they first met.

Musk is playing with fire (again) as the SEC deal which allows him to stay on as CEO providing he resign the chairmanship and personally pay $20m, with the figure matched from Tesla's coffers, is yet to be approved. Musk said on Twitter.

"Seriously? You know you still need their help convincing a judge that your penalty was sufficient".

"Keep it coming, Elon", one person said. Ryan White, an SEC spokesman, declined to comment.

FILE PHOTO: A newly installed auto charger at a Tesla Super Charging station is shown in Carlsbad, California, U.S. September 14, 2018.

The SEC sued Musk last Thursday, and he and the agency reached a settlement on Saturday. The letter should explain why the deal is "fair and reasonable", Nathan said in the court order. However, at the last minute, Musk's lawyer reportedly called the SEC and told them that his client was no longer interested in settling. Musk described the diver as a pedophile in a tweet that has since been deleted. "This is just a hoop to be jumped through", he said.

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