Telsa CEO Elon Musk's latest tweet came as the judge overseeing the settlement on Thursday declined to immediately approve the deal he made with the Securities and Exchange Comission. | Chris Carlson, File/AP Photo Money Musk trolls the SEC with tweet mocking agency 
 
 Tesla CEO Elon Musk fired off a tweet on Thursday that took a not-so-subtle shot at the Securities and Exchange Commission, which on Saturday settled fraud charges with the tech billionaire. 
 
 At 4:16 p.m., Musk tweeted that "the Shortseller Enrichment Commission is doing incredible work. And the name change is so on point!" 
 
 Story Continued Below 
 
 On Saturday, Musk agreed to step down as Tesla chairman and pay $20 million for an Aug. 7 tweet that said he had "funding secured" for a deal to take the electric car company private. Musk has railed against short sellers who are betting Tesla’s shares will fall and who have raised doubts about the company’s vehicle sales. 
 
 His latest tweet came as the judge overseeing the settlement agreement on Thursday declined to immediately approve the deal, leaving open the possibility it may not go through. U.S. District Judge Alison Nathan asked the SEC and Musk to file a joint letter, "explaining why the Court should approve the proposed consent judgment." 
 
 Morning Money Political intelligence on Washington and Wall Street — weekday mornings, in your inbox. Email Sign Up By signing up you agree to receive email newsletters or alerts from POLITICO. You can unsubscribe at any time. 
 
 The SEC settlement, which allowed Musk to remain Tesla’s CEO, required the company to put additional controls in place "to oversee Musk’s communications." 
 
 An SEC representative declined to comment on Musk's tweet, and a Tesla representative did not immediately respond to a request for comment. The tweet landed after the stock market closed. 
 
 There is a precedent for brash billionaires harassing the SEC after getting in trouble with the agency. 
 
 In 2014, Dallas Mavericks owner Mark Cuban made a surprise appearance at an SEC meeting in Washington. Dressed in a hoodie, Cuban tweeted jibes at the agency and then held a brief news conference. 
 
 The SEC had charged Cuban with insider trading but lost in court in 2013. 
 
 
 
 This article tagged under: Financial Services 

 Over the weekend, Elon Musk and Tesla settled a lawsuit with the Securities and Exchange Commission over a tweet that federal regulators said misled the electric-car company’s investors and agitated financial markets. The agreement compels Musk to step down from his role as chairman of Tesla’s board for three years, but allows him to remain as CEO. It instructs Musk and Tesla to each pay $20 million in fines. And it requires Tesla to establish stricter oversight over Musk’s communications. 
 
 That last stipulation is an attempt to ensure that something like the rogue tweet Musk sent in August—the one that no one saw coming, that stunned investors, that the SEC described as inaccurate and determined qualified as securities fraud—would never happen again. 
 
 The terms have yet to take effect. The settlement is subject to court approval, which is underway. And Teddy Schleifer, a reporter at Recode, reports that the provision regarding the monitoring of Musk’s communications only goes into effect 90 days after the date the settlement was reached. Musk has about 80 more days to tweet what he wants about Tesla, and he appears to be taking advantage of the lag. 
 
 On Thursday, Musk, in an apparent attempt to mock the SEC, put his own twist on the agency’s initialism that takes aim at short sellers, a class of investors that have long been a prickly thorn in the entrepreneur’s side: 
 
 Just want to that the Shortseller Enrichment Commission is doing incredible work. And the name change is so on point! — Elon Musk (@elonmusk) October 4, 2018 
 
 The tweet may come as a surprise to those who think that making fun of federal regulators a week after they sued you may not be the wisest tactic. It probably does not come as a surprise to those who have been following Musk’s snark-laced tweets about his critics, whether they’re the investors who bet against Tesla or the reporters who cover it. It suggests that instead of hunkering down, he’s probably going to tweet right through it. 

 Just want to that the Shortseller Enrichment Commission is doing incredible work. And the name change is so on point!
– Elon Musk is a man of many talents, but knowing when to stop tweeting apparently isn't one of them. The Tesla CEO, who has agreed to pay $20 million and step down as chairman to settle a lawsuit brought by the Securities and Exchange Commission over a "false and misleading" tweet, mocked the SEC in another tweet Thursday, Politico reports. The "Shortseller Enrichment Commission is doing incredible work," Musk tweeted sarcastically. "And the name change is so on point!" Musk, who frequently targets short-sellers who seek to profit from drops in Tesla's share price, was suggesting that the SEC is "harming the value of Tesla's stock by enforcing securities laws," Ars Technica reports. Musk tweeted after a federal judge declined to immediately approve the settlement and asked for a joint letter from Musk and the SEC "explaining why the Court should approve the proposed consent judgment." The agreement also requires Tesla to establish greater oversight over Musk's communications. But that provision doesn't take effect until 90 days after the settlement date, and Musk's tweet suggests he might continue tweeting about the SEC until he is required to stop, the Atlantic reports. The Guardian reports that Tesla shares, which closed down 4.4% Thursday dropped another 2.2% in after-hours trading following Musk's tweet. (Questions are being asked about hundreds of Teslas parked around the US.)