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Fortune
Fortune
Chris Morris

SEC insists Elon Musk still needs a 'Twitter sitter' to monitor his posts about Tesla

(Credit: Justin Sullivan—Getty Images)

The Securities and Exchange Commission says Elon Musk is still in need of what it calls a “Twitter sitter” to monitor his social media posts that revolve around Tesla and other companies he owns.

In a letter to the U.S. Court of Appeals for the Second Circuit in New York this week, the SEC said the settlement it brokered with Musk in 2019 after his “funding secured” post was still valid. Musk has petitioned the court to have it struck down.

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