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 of2024-05-21Paul McCartney's stolen Beatles bass guitar found after 51 years
The Beatles in 1966 in Munich, Germany. Photo: Supplied/AFP2024-05-21Grammys 2024: Music's elite gather for 66th annual awards
LOS ANGELES, CALIFORNIA - FEBRUARY 04: Miley Cyrus accepts the award for Record Of The Year for "Flo2024-05-21Week in Politics: Luxon stands out, benefit action under scrutiny and grief over Efeso Collins
Christopher Luxon showcased his own party's agenda in the State of the Nation speech, according to c2024-05-21Cruise worker 'murders newborn son on board ship': Shocked co
A cruise worker on board an Italian ship 'murdered her newborn son' as horrified co-workers raised t2024-05-21Labour defends roadside drug testing legislation
Transport Minister Simeon Brown has said new legislation to enable roadside drug testing is on the c2024-05-21
atest comment