Thereafter, on Monday, the Security and Exchange Commission (SEC) accused the entrepreneur of violating the terms of a court-endorsed deal between him and the SEC.
It said Musk should have not tweeted anything misleading that could possibly affect the price of Tesla shares.
A federal court then gave Musk two weeks to explain why he shouldn't be held in contempt of court.
SEC forgot to read Tesla's earnings transcripts: Musk on SEC
Musk's tweet seemed to be problematic because any inaccurate information on a tweet concerns the investors and raises the question of whether they traded on a fallacious number Musk gave earlier.
On Tuesday, reacting over the news of a federal court wanting to hold him in contempt of court, Musk replied teasingly saying, "SEC forgot to read Tesla earnings transcript, which clearly states 350k-500k."
Read the transcripts, Musk tells the SEC
SEC forgot to read Tesla earnings transcript, which clearly states 350k to 500k. How embarrassing … 🤗