Appears like the hottest Twitter court docket drama is not the only authorized proceedings Elon Musk will be facing.

Tesla disclosed on Monday that it would be entering a court docket-purchased settlement chat with shareholders next a lawsuit with regards to Elon Musk’s yrs-previous Tweet about setting up to take the firm personal.

“The SEC experienced issued subpoenas to Tesla in link with Elon Musk’s prior assertion that he was contemplating having Tesla private,” the organization explained in a submitting. “The consider-non-public investigation was settled and shut with a settlement entered into with the SEC in September 2018 and as additional clarified in April 2019 in an modification. On November 16, 2021, and June 13, 2022, the SEC issued subpoenas to us looking for details on our governance procedures all over compliance with the SEC settlement, as amended.”

In 2018, Musk infamously Tweeted that he would get the firm personal and that he had the “funding secured” for $420 for every share.

Shareholders could possibly to promote at 420 or keep shares & go personal

— Elon Musk (@elonmusk) August 7, 2018

“Shareholders could possibly to market at 420 or hold shares & go non-public,” he wrote in a abide by-up Tweet.

While the authentic lawsuit was settled in court (underneath the situation that Musk shows Tesla’s legal professionals all Tweets mentioning the corporation right before they are published), Monday’s files clearly show that Tesla was subpoenaed by the SEC again on June 13 concerning the Tweets.

The court docket date is set to get position in excess of Zoom on Oct 3, the exact month that Musk will deal with Twitter in a lawsuit over his failed endeavor to acquire the corporation.

Twitter is suing Musk for backing out of his $44 billion bid in hopes that the courtroom will buy him to full the acquisition anyway.

Musk did not comment on the lawsuit publicly, but did get to Twitter on Monday to denounce rumors that he experienced an affair with the spouse of Google co-founder Sergey Brin past 12 months.

Personalized organization apart, it appears that October will be a very occupied thirty day period for the billionaire.