Supreme Court rejects Musk appeal over Tesla tweets
Time:2024-05-21 16:43:44 Source:opinionsViews(143)
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.
Previous:Liverpool confirms Arne Slot as Jurgen Klopp's replacement
Next:French sports minister calls for sanctions after Monaco player tapes over anti
You may also like
- Election 2024: Biden and Trump bypassed the Commission on Presidential Debates
- Xi calls for closer ties with Vietnam
- China hits back at West's 'double
- France raises terror level after Moscow shooting
- Rangers are undefeated at .500 to keep World Series champs from a losing record with Bochy
- China again lodges solemn representations to Philippines regarding Ren'ai Jiao
- China to take countermeasures if U.S. imposes visa restrictions on Hong Kong officials: spokesperson
- Cyberattack accusations 'irresponsible'
- 'The Apprentice,' about a young Donald Trump, premieres in Cannes