FILE PHOTO: Tesla and SpaceX CEO Elon Musk participates in a “fireside chat” at the National League of Cities (NLC) 2018 City Summit in Los Angeles, California, U.S. November 8, 2018. REUTERS/Kyle Grillot
(Reuters) – The U.S. Securities and Exchange Commission on Monday asked a judge to hold Tesla Inc’s Chief Executive Officer Elon Musk in contempt of violating a court’s order last year.
Shares of Tesla fell about 4 percent in extended trade.
Tesla did not immediately respond to a request for comment.
A U.S. judge in October approved a settlement between the federal regulator, Tesla and Musk, over his tweets promising to take the company private.
Reporting by Akanksha Rana in Bengaluru; Editing by Sriraj Kalluvila