Lynas last week rejected a $1.1 billion takeover offer from Australian conglomerate Wesfarmers Ltd though Wesfarmers said they remain keen on the talks.
At the time the SEC also said that Musk had violated their agreement by sending a tweet that had not been vetted by Tesla's lawyers and he should be held in contempt.
For a flat monthly fee, users will get flexibility at every turn of the car ownership journey, including insurance, maintenance, 24-hour assistance and road tax.
The tech giant top man said Adobe's recent acquisition of Allegorithmic, a leader in 3D editing and developer of substance range of software tools was a step in that direction.