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
Hall of Fame outfielder Ken Griffey Jr. to lead Indianapolis 500 field in Corvette pace car
INDIANAPOLIS (AP) — Hall of Fame outfielder Ken Griffey Jr. will drive the pace car for the 108th ru2024-05-21Live NRL updates: Warriors v Sea Eagles
Marcelo Montoya of the Warriors during the New Zealand Warriors v Manly Sea Eagles.www.photosport.nz2024-05-21Meta won't renew commercial deals with Australian news media
Facebook said its users were not coming to its platform for news and political content. Photo: NIKOL2024-05-21Belgium launches probe into suspected Russian interference in upcoming EU elections
BRUSSELS (AP) — Belgian Prime Minister Alexander De Croo announced on Friday an investigation into s2024-05-21Brazil replaces injured goalkeeper Ederson in Copa America squad
RIO DE JANEIRO (AP) — Brazil coach Dorival Júnior has replaced injured goalkeeper Ederson with Sao P2024-05-21- MOSCOW (AP) — The Russian military on Friday reported a successful test launch of an intercontinenta2024-05-21
atest comment