Tesla Inc. CEO Elon Musk arrives for a S.E.C. hearing at the Manhattan Federal Courthouse in New York, April 4, 2019.

Tesla CEO Elon Musk leaves Manhattan federal court after a hearing on his fraud settlement with the Securities and Exchange Commission (SEC) in New York City, U.S. April 4, 2019.

Tesla CEO Elon Musk leaves Manhattan federal court after a hearing on his fraud settlement with the Securities and Exchange Commission (SEC) in New York City, U.S. April 4, 2019.

Tesla CEO Elon Musk leaves Manhattan federal court after a hearing on his fraud settlement with the Securities and Exchange Commission (SEC) in New York City, U.S. April 4, 2019.

Tesla CEO Elon Musk, attorneys Moez M. Kaba (3rd R) and John C. Hueston (R) look on in this courtroom sketch, during a hearing on Musk's fraud settlement with the Securities and Exchange Commission (SEC) in Manhattan federal court in New York City, U.S. April 4, 2019.

Tesla CEO Elon Musk leaves Manhattan federal court after a hearing on his fraud settlement with the Securities and Exchange Commission (SEC) in New York City, U.S., April 4, 2019.

Tesla Inc. CEO Elon Musk arrives for a S.E.C. hearing at the Manhattan Federal Courthouse in New York, April 4, 2019.

Tesla Inc. CEO Elon Musk exits after attending for an S.E.C. hearing at the Manhattan Federal Courthouse in New York, April 4, 2019.

SEC counsel Cheryl Crumpton speaks as judge Alison Nathan (L), Tesla CEO Elon Musk, attorneys Moez M. Kaba (3rd R) and John C. Hueston look on in this courtroom sketch, during a hearing on Musk's fraud settlement with the Securities and Exchange Commission (SEC) in Manhattan federal court in New York City, U.S. April 4, 2019.

Tesla CEO Elon Musk leaves Manhattan federal court after a hearing on his fraud settlement with the Securities and Exchange Commission (SEC) in New York City, U.S., April 4, 2019.

Tesla Inc. CEO Elon Musk exits after attending for an S.E.C. hearing at the Manhattan Federal Courthouse in New York, April 4, 2019.

Tesla CEO Elon Musk arrives at Manhattan federal court for a hearing on his fraud settlement with the Securities and Exchange Commission (SEC) in New York City, U.S., April 4, 2019.

Tesla CEO Elon Musk speaks at Manhattan federal court after a hearing on his fraud settlement with the Securities and Exchange Commission (SEC) in New York City, U.S. April 4, 2019.

Tesla CEO Elon Musk leaves Manhattan federal court after a hearing on his fraud settlement with the Securities and Exchange Commission (SEC) in New York City, U.S., April 4, 2019.

Tesla Inc. CEO Elon Musk exits after attending for an S.E.C. hearing at the Manhattan Federal Courthouse in New York, April 4, 2019.

Tesla CEO Elon Musk leaves Manhattan federal court after a hearing on his fraud settlement with the Securities and Exchange Commission (SEC) in New York City, U.S. April 4, 2019.

Tesla CEO Elon Musk leaves Manhattan federal court in a Tesla car after a hearing on his fraud settlement with the Securities and Exchange Commission (SEC) in New York City, U.S. April 4, 2019.

Tesla CEO Elon Musk arrives at Manhattan federal court for a hearing on his fraud settlement with the Securities and Exchange Commission (SEC) in New York City, U.S., April 4, 2019.

Tesla CEO Elon Musk arrives at Manhattan federal court for a hearing on his fraud settlement with the Securities and Exchange Commission (SEC) in New York City, U.S. April 4, 2019.

Tesla Inc. CEO Elon Musk (C) exits after attending a S.E.C. hearing at the Manhattan Federal Courthouse in New York, April 4, 2019.

John C. Hueston, attorney for Tesla CEO Elon Musk, speaks in this courtroom sketch, during a hearing on Musk's fraud settlement with the Securities and Exchange Commission (SEC) in Manhattan federal court in New York City, U.S. April 4, 2019.

SEC counsel Cheryl Crumpton speaks as judge Alison Nathan (L), Tesla CEO Elon Musk, and attorney Moez M. Kaba (2nd R) look on in this courtroom sketch, during a hearing on Musk's fraud settlement with the Securities and Exchange Commission (SEC) in Manhattan federal court in New York City, U.S. April 4, 2019.