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:
Related suggestion:
Model Workers to Counsel the YoungNew Semester for Primary and Middle Schools Begins in Urumqi, XinjiangGuilin Makes Outdoor Sports New Name Card for TourismHotline Provides Legal Advice and Hope for Women in NeedDancing Becomes Popular Entertainment in Taxkorgan, XinjiangMore Grads Choosing to Return to Hometowns for Work, Report SaysNew Flexible Employment Logs Rapid Expansion in China: ReportExhibition of Healthcare Services at 2023 CIFTISChina Beats Japan to Retain Asiad Women's Volleyball TitleExhibition Featuring Paintings by Children of Xinjiang Held in Beijing
2.7225s , 6573.9765625 kb
Copyright © 2024 Powered by Supreme Court rejects Musk appeal over Tesla tweets ,Earthly Edition news portal