Throughout a Securities and Alternate Fee press convention Thursday regarding fraud costs in opposition to Nikola founder Trevor Milton, a member of the press requested the company’s new Director of Enforcement, Gurbir S. Grewal, whether or not the monetary regulators could take a “re-assessment” at statements Elon Musk made about Tesla or its merchandise on Twitter.

“You referenced CEOs making statements on social media making statements about their merchandise,” requested the reporter, who didn’t establish himself. “Elon Musk has made a lot of statements, a few of which have been provably false, on Twitter. Are you going to take a second have a look at Mr. Musk’s statements below this administration or is that one thing you have been following carefully?”

Grewal declined to talk particularly about any investigations or issues past the SEC’s Trevor Milton grievance. Nevertheless, he famous that: “Whatever the strategies utilized by company officers, we are going to maintain them accountable for materially false statements that they make, particularly in circumstances the place buyers are damage as alleged right here.”

Musk’s behavior of disseminating product and different firm info on Twitter has impressed followers and critics alike to trace his each interplay on Twitter, and his many guarantees and predictions shared there. These statements have generally landed Musk and the corporate in scorching water.

As a part of its danger disclosures in Tesla’s most up-to-date quarterly earnings submitting, the corporate reminded shareholders that it was beforehand investigated by the SEC over Musk’s tweets by which he mentioned he was planning to take his electrical car maker non-public at $420 a share, and had funding secured. Tesla and the SEC reached a settlement settlement over that matter initially in September 2018, and entered right into a revised settlement settlement in April 2019.

The SEC has additionally investigated Tesla statements on Mannequin 3 manufacturing charges — that investigation was resolved in Dec. 2019, the submitting says — and has “issued a subpoena searching for info regarding sure monetary information and contracts together with Tesla’s common financing preparations.”