As a Tribute to Harambe, Elon Musk Releases Rap Song ‘RIP Harambe’

Elon Musk arrives at federal court in New York on Thursday

Enlarge Elon Musk arrives at federal court in New York on Thursday

Erratic Tesla CEO Elon Musk just released a rap song paying tribute to a dead gorilla.

Musk was recently involved many controversies.

Last quarter was Tesla's first sales period after the phaseout of the lucrative federal tax credit - buyers get $3,750 from $7,500 per vehicle.

While this pulled some demand forward into the fourth quarter, the company said orders still outpaced the number of vehicles it was able to deliver in the first three months of this year.

The first-quarter production figures announced late Wednesday lagged the 86,555 vehicles that Tesla manufactured during the final three months of a year ago when the company was scrambling to make more cars.

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If found guilty, Musk could face restrictions on social media, a fine, or his unlikely removal as CEO.

As part of the agreement, he is supposed to seek approval before tweeting anything that could impact shares.

'We reaffirm our prior guidance of 360,000 to 400,000 vehicle deliveries in 2019, ' it said.

Nathan is considering whether to hold Musk in contempt over a February 19 tweet, where according to the SEC he improperly posted material information about Tesla's vehicle production outlook without first seeking approval from company lawyers.

Musk clarified his tweet hours later, saying he had meant the company's weekly production rate would have produced the equivalent of 500,000 cars, though Tesla would produce 400,000 in the calendar year.

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Tesla attributed the production decline to cancellation of lower-priced versions of the Models S and X, a move the company said was created to differentiate the more expensive vehicles from the Model 3. The SEC determined that the initial tweet was not approved by Tesla before it was sent, according to the filing. Musk's privatization plan was at best in an early stage, however, and financing was not in place.

The SEC ruling came after an extraordinary episode in August, when Musk inaccurately claimed he had an investor for the troubled company, sending the company's share price soaring.

It is rare for the SEC to seek a contempt finding.

As he prepared to enter the courthouse.

On his way out the door, Musk told reporters that he was "impressed" with Judge Nathan's analysis.

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