A new subpoena was issued by the U.S. Securities and Exchange Commission TeslaIn November 2021, financial filingFrom the company disclosed Monday.

Financial regulator wants to know if Elon Musk, his maker of electric cars, has complied with the revised settlement agreement they reached with them in 2019. Tesla has filed with the SEC to request information regarding the company’s compliance processes. 

Soon after celebrity CEO Polled his employees, the subpoena was issued. tens of millions of Twitter followers in the asking if he should sell 10% of his stake in Tesla. The majority voted for Tesla. Musk’s September 2012 plan was responsible for a large portion of sales following the Twitter poll.

Tesla shares remained flat during early trading. However, another probe is putting regulatory pressure on Tesla.

Musk’s tweets have been at the center of a dispute with SEC for many years. Musk, who claimed he had the “funding secured” for Tesla’s privatization at $420 per shares in 2018, was accused of fraud by the federal agency. Tesla stock went into a tailspin for several weeks after the tweet. Tesla was also sued by the SEC.

Musk and company settled with SEC. An agreement was reached that required a Tesla legal and regulatory compliance person (informally, “Twittersitter”) to approve any Musk tweets which contained information concerning the publically traded company. This would allow Musk to avoid any potential price increases. Musk also had to relinquish the role of chairman of the board at Tesla for three years, and the company and the CEO each had to pay a $20 million fine.

Musk had tweeted in 2019 about Model 3 production statistics. The SEC sought to have Musk held contemptuously of court. They claimed that he had broken the terms of the settlement. Tesla attorneys had not preapproved the tweet containing vehicle production numbers.

Judge asked them to resolve their differences.

Musk continues to make spontaneous use of the social media platform and remains cantankerous about the SEC. Musk called the SEC “shortseller enrichment commissioner” in 2020 and made a joke about the agency.

Musk made light of whistleblowers by tweeting on December 1, 2021 after receiving the SEC Subpoena. This was just weeks before Musk received it.

Twitter’s tens to millions of users were invited by him to “blow the whistle” on Tesla. The tweet included a link that took him to a page on which he could sell a metal whistle in the shape of the Cybertruck. It was an experimental pickup Tesla unveiled for the first times in November 2019. (Production has already begun for the Cybertruck. delayed(Until 2023.

A week later, Reuters first reportedAccording to the SEC, it confirmed the investigation into a claim by Stephen Henkes (a former Tesla employee), who claimed the company was aware of, but had failed to inform shareholders and the general public, about fire hazards associated with its solar photovoltaic systems.