Supreme Court rejects Musk appeal over Tesla tweets
Time:2024-05-21 14:22:22 Source:sportViews(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:Minnesota Uber and Lyft driver pay package beats deadline to win approval in Legislature
Next:Hall of Fame outfielder Ken Griffey Jr. to lead Indianapolis 500 field in Corvette pace car
You may also like
- Hall of Fame outfielder Ken Griffey Jr. to lead Indianapolis 500 field in Corvette pace car
- Justin Bieber goes shirt
- Judge orders psych evaluation for Illinois man charged in 4 killings
- China take three golds at Badminton Asia Championships
- Kevin Pillar gets 1,000th career hit in Angels' win at Texas
- Chinese shuttlers into all five finals at Badminton Asia Championships
- Here's exactly what happens to Queen Mary if Frederik dies
- Voters to decide primary runoffs in Alabama's new 2nd Congressional District
- Iran helicopter crash that killed President Raisi could reverberate across the Middle East