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A federal judge confirmed Tuesday she would soon hear oral arguments in the Securities and Exchange Commission lawsuit asking Elon Musk be held in contempt for allegedly violating a settlement agreement.

The details: The SEC says Musk should be held in contempt for tweeting "inaccurate" information about Tesla in a Twitter post that was in "blatant violation" of a settlement intended to resolve a lawsuit over an earlier tweet the regulator said was misleading.

The big picture: In the February 19 tweet, Musk said Tesla would build 500,000 cars in 2019. He clarified on Twitter soon after Tesla would build at an annual rate of 500,000 cars by the end of 2019 but it would only build 400,000 cars this year. Musk's lawyers said the SEC's action was an "unconstitutional power grab."

What's next: U.S. District Judge Alison Nathan set the Manhattan hearing date for April 4 at 2 p.m. Eastern, Reuters reports. Nathan will decide if Musk should be held in contempt of court and whether he should be punished.

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Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 9:45 p.m. ET: 19,282,972 — Total deaths: 718,851 — Total recoveries — 11,671,491Map.
  2. U.S.: Total confirmed cases as of 9:45 p.m. ET: 4,937,441 — Total deaths: 161,248 — Total recoveries: 1,623,870 — Total tests: 60,415,558Map.
  3. Politics: Trump says he's prepared to sign executive orders on coronavirus aid.
  4. Education: Cuomo says all New York schools can reopen for in-person learning.
  5. Public health: Surgeon general urges flu shots to prevent "double whammy" with coronavirus — Massachusetts pauses reopening after uptick in coronavirus cases.
  6. World: Africa records over 1 million coronavirus cases — Gates Foundation puts $150 million behind coronavirus vaccine production.

Warren and Clinton to speak on same night of Democratic convention

(Photos: Abdulhamid Hosbas/Anadolu Agency via Getty Images, Sean Rayford/Getty Images)

Sen. Elizabeth Warren and Hillary Clinton both are slated to speak on the Wednesday of the Democratic convention — Aug. 19 — four sources familiar with the planning told Axios.

Why it matters: That's the same night Joe Biden's running mate (to be revealed next week) will address the nation. Clinton and Warren represent two of the most influential wise-women of Democratic politics with the potential to turn out millions of establishment and progressive voters in November.

Trump considering order on pre-existing condition protections, which already exist

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President Trump announced on Friday he will pursue an executive order requiring insurance companies to cover pre-existing conditions, something that is already law.

Why it matters: The Affordable Care Act already requires insurers to cover pre-existing conditions. The Trump administration is currently arguing in a case before the Supreme Court to strike down that very law — including its pre-existing condition protections.