Member LoginMember Login - User registration - Setup as front page - Add to favorites - Sitemap Supreme Court rejects Musk appeal over Tesla tweets !

Supreme Court rejects Musk appeal over Tesla tweets

Time:2024-05-21 16:35:24 source:Worldly Workshop news portal

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 information
  • Travis Kelce downs whiskey shot on slice of bread at Kelce Jam without Taylor Swift
  • Federation's Role in Advancing Children's All
  • Jinan to Promote Women's Participation in Sci
  • Hejian Helps Residents Resolve Family Disputes
  • Who is Jacob Zuma, the former South African president disqualified from next week's election?
  • Street Known for Good Family Values, Traditions
  • Improving Cadres' Ability to Protect Women's Rights
  • Providing Judicial Assistance to Women in Need
Recommended content
  • Four people killed in a house explosion in southwestern Missouri
  • Guangzhou Increases Efforts to Help Women Protect Rights, Interests
  • Federation's Training Focuses on Protection of Women's Rights, Interests
  • Activities Help Raise Minors' Legal Awareness
  • Pentagon vows to keep weapons moving to Ukraine as Kyiv faces a renewed assault by Russia
  • Anhui to Adopt Measures to Combat Domestic Violence