A federal judge gave Tesla chief executive Elon Musk and US securities regulators two-weeks to resolve their differences over Musk's prolific social-media use. The Securities and Exchange Commission had said Musk should be held in contempt of court for allegedly violating an earlier settlement on tweeting potentially market-sensitive information. Elon Musk says he would "most likely" be able to resolve his differences with SEC.

Elon Musk isn't giving up on bringing Tesla Inc. to India. "Would love to be there this year. If not, definitely next!" Tesla's billionaire CEO said in Twitter post, nearly ten-months after he blamed restrictive-policy for delaying the carmaker's entry into the world's fourth-largest-automobile market. Tesla broke ground in January on $5-billion factory in China, its first-car-manufacturing facility outside U.S., after four-years of planning.

The standoff between US stock regulators and mercurial Tesla chief Elon Musk has taken a dramatic turn over a tweet that could cost the entrepreneur his job as CEO of electric carmaker. Musk, 47, is a visionary and inventive boss but is also highly unpredictable, especially on social network Twitter, where he often communicates in defiance of rules imposed on executives of publicly-traded companies.