Twitter has gotten him into a whole lot of trouble, and after 10 months of controversy with the social media platform, Tesla’s CEO Elon Musk recently stated he is deleting his Twitter account. Musk altered his display name on his current Twitter handle to Daddy DotCom this past Sunday, which also happened to be Father’s Day. It’s interesting to note, Daddy.com is a website that currently exist, offering information for dads, old, new, and expecting.
USA Today reported that Mr. Musk first ran into trouble with Twitter last August when he caught the attention of the Securities and Exchange Commission (SEC) over posts that talked about taking Tesla private. Elon would add in the tweets that he had funding to do this; however, there was no evidence to back up the sentiment. Both Tesla and Musk paid $20 million to settle with the organization over said social media post.
As per the settlement with the SEC, Musk needed to have tweets approved before posting by a Tesla lawyer, due to the fact that they could possibly affect stock for the company. While he remains CEO of Tesla, the SEC court settlement had him relinquishing his Chairman role on the company’s board for a minimum of three years.
Fast forward to February of this year, and Musk would once again posted an eyebrow-raising tweet, stating that the electric vehicle making company would produce about 500,000 units in 2019. Approximately four-and-a-half hours after he posted that, Musk altered the statement tweeting that he meant the company had started producing units at a clip weekly that could equal out to 500,000 vehicles over a yearly time frame, but perhaps not for the 2019 calendar year.
As of this writing, Tesla Inc. has not commented on Elon Musk’s claim around deleting Twitter.