Supreme Court rejects Musk appeal over Tesla tweets
WASHINGTON (AP) — The Supreme Court on Monday rejected an appeal from Elon Musk over a settlement with securities regulators that requires him to get approval in advance of some tweets that relate to Tesla, the electric vehicle company he leads.
The justices did not comment in leaving in place lower-court rulings against Musk, who complained that the requirement amounts to “prior restraint” on his speech in violation of the First Amendment.
The case stems from tweets Musk posted in 2018 in which he claimed he had secured funding to take Tesla private. The tweets caused the company’s share price to jump and led to a temporary halt in trading.
The settlement with the Securities and Exchange Commission included a requirement that his tweets be approved first by a Tesla attorney. It also called for Musk and Tesla to pay civil fines over the tweets in which Musk said he had “funding secured” to take Tesla private at $420 per share.
Related articles
Red Lobster seeks bankruptcy protection after closing some restaurants
Red Lobster, the casual dining chain that brought seafood to the masses with inventions like popcorn2024-05-21- This photo taken with a mobile phone on April 14, 2024 shows a damaged wall of a building after heav2024-05-21
GBA integration a focus of attention at CPPCC
Alongside various policies promoting cross-border connections and the one-hour life circle taking sh2024-05-21Patrols near Kinmen 'beyond reproach'
Coast guard's actions fully justified following recent maritime incidentA Chinese mainland spokeswom2024-05-21Revealed: Brit tourist, 19, subjected to sex attack in Majorca 'was gang
A 19-year-old British tourist who was subjected to a horrific sex attack in Majorca 'was gang-raped2024-05-21Spirit of the Silk Road lives on in Xi'an
A panorama of the Xi'an Guojigang Railway Station in Xi'an, Shaanxi province, on Nov 28. YUAN JINGZH2024-05-21
atest comment