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
Philippines blames China for loss of giant clams in disputed shoal and urges environmental inquiry
MANILA, Philippines (AP) — The Philippines blamed Chinese fishermen on Monday for a massive loss of2024-05-21Mystery as California firefighters find two dead bodies inside 'human
California firefighters made a gruesome discovery over the weekend inside what they called a human-d2024-05-21Oksana Masters overcame traumatic childhood
When she takes to the start line in Paris this summer, Team USA para-cyclist Oksana Masters can rest2024-05-21Emily Ratajkowski takes a fashion risk in a ripped midriff
Emily Ratajkowski ensured all eyes were on her as she put on a very sexy display around New York Cit2024-05-21Devout Christian doctor, 68, who punched dementia
An 'arrogant' doctor who punched a vulnerable patient for making a racist comment and spitting at hi2024-05-21Lando Norris' model girlfriend keeps quiet over his Miami Grand Prix F1 win... as ex
Lando Norris' model girlfriend has not acknowledged his first Formula One victory on social media, a2024-05-21
atest comment