Tesla CEO Elon Musk tweeted early Friday morning that “I believe there’s a >0% probability Tesla may very well be the most important firm” and added, “in all probability inside just a few months” in replies to followers.

Musk’s tweet providing steerage on timing for an anticipated enhance in Tesla’s market cap has since been deleted, however screenshots had been broadly shared on Twitter.

The U.S. Securities and Change Fee has clashed with Musk and Tesla over the CEO’s unfettered use of Twitter earlier than.

Within the third quarter of 2018, Musk confronted securities fraud charges from the SEC after he tweeted to his tens of tens of millions of followers then that he was planning to take Tesla personal at $420 a share, and had secured funding to take action. Tesla’s inventory value jumped greater than 6 % that day.

Musk and Tesla struck a settlement settlement, with the CEO individually and firm every paying a $20 million fantastic, and agreeing they may not declare innocence, amongst different phrases.

Nevertheless, the SEC sued him for breaching that settlement after he tweeted about Tesla manufacturing numbers in early 2019, which they mentioned was a violation of phrases.

As a time period of their revised settlement agreement, Tesla is obligated to approve all written communications, together with tweets and different social media posts, Musk intends to share that comprise materials details about the corporate. The corporate has by no means mentioned publicly who holds the position recognized, in parlance, as Elon Musk’s “twitter sitter.”

Extra not too long ago, a Tesla shareholder named Chase Gharrity filed a lawsuit in Delaware Chancery Court docket over Musk’s continued use of Twitter, saying he has value shareholders billions of {dollars} in losses, for instance, when he tweeted in Might 2020 that Tesla’s inventory value was too excessive in his opinion. Tesla shares fell by 10 % after that, representing greater than a $13 billion decline in Tesla’s market worth.

Musk has additionally commented on the worth of cryptocurrency, including Bitcoin, by way of tweets from his account, which at present boasts 49.7 million followers.

Yesterday, the Nationwide Labor Relations Board decided and ordered Tesla to direct Musk to take away previous tweets that the federal company deemed threatening to workers. The corporate and Musk have time to adjust to the order however the offending materials has not but been faraway from Twitter.

The SEC and Tesla didn’t instantly reply to requests for remark.