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
Celebrity birthdays for the week of May 26
Celebrity birthdays for the week of May 26-June 1:May 26: Sportscaster Brent Musburger is 85. Drumme2024-05-21Another month of robust US job growth points to continued economic strength
WASHINGTON (AP) — America’s employers delivered another outpouring of jobs in March, adding a sizzli2024-05-21Tips for college students and parents ahead of tax deadline
NEW YORK (AP) — There are lots of things college students and their parents should keep in mind befo2024-05-21European satellite falls out of orbit, breaks over Pacific
CAPE CANAVERAL, Fla. (AP) — An old Earth-observing satellite fell out of orbit Wednesday and harmles2024-05-21Uber and Lyft say they'll stay in Minnesota after Legislature passes driver pay compromise
ST. PAUL, Minn. (AP) — Uber and Lyft plan to keep operating in Minnesota after the state Legislature2024-05-21Stock market today: Asian shares are mixed, taking hot US inflation data in stride
BANGKOK (AP) — Asian shares were mixed Thursday after U.S. stocks fell on worries that what had seem2024-05-21
atest comment