On Monday the SEC asked a judge to hold Musk in contempt, alleging he violated a settlement deal that bans him from tweeting about the business without preapproval. The watchdog agency cited a Feb. 19 tweet from Musk that said his automaker would make "around" 500,000 vehicles in 2019, which he later clarified.
On Tuesday, Musk hit back, calling the SEC "broken."
Tesla shares initially fell at the open before reversing and heading higher.
Here's what five market experts think could be ahead for the company: