Elon Musk, already in hot water over his Twitter use, posted another Tesla Inc. production forecast reminiscent of the one that landed him before a federal judge earlier this month.
The latest forecast, given as a seemingly innocuous aside in a discussion about the future value of Tesla vehicles, nonetheless came as Musk’s lawyers are negotiating with the SEC over an agreement that put controls on the billionaire’s tweeting. A U.S. judge gave the two sides until April 18 to meet for at least an hour and resolve their differences. If they can’t, she’ll rule whether Musk is in contempt.
Musk on Saturday disputed reports that Panasonic had boosted annualized battery cell production capacity at the plant to 35 gigawatt hours, saying the company’s lines were only at 24 gigawatt hours and have been constraining output of Tesla’s Model 3 sedan. Musk’s legal team has argued that he retained discretion to determine whether he was sending out material information or not, and that his Feb. 19 post about Tesla’s 2019 production was consistent with comments he made weeks earlier on an earnings call.
He's not very smart.