Member LoginMember Login - User registration - Setup as front page - Add to favorites - Sitemap Supreme Court rejects Musk appeal over Tesla tweets !

Supreme Court rejects Musk appeal over Tesla tweets

Time:2024-04-30 09:25:17 source:Global Gatherings news portal

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 information
  • Sri Lanka expresses hope to join BRICS+
  • VOX POPULI: China always occupied a special place in Ozawa’s heart
  • Concorde makes journey along New York's Hudson River
  • Boeing tells pilots to check seats after LATAM plane incident
  • Music and martial arts witness China
  • Minister 'not convinced' Fire and Emergency needs further levy boost
  • Bullying rife at Buller High School, students say
  • VOX POPULI: Use of honorifics complex at times and not always appropriate
Recommended content
  • Overseas Chinese history museum opens new branch in S. China
  • VOX POPULI: Ruling may be near on how to best romanize Japanese
  • China news: July exports tumble by double digits, adding to pressure to shore up flagging economy
  • Alarm over 'strange' illness that has killed four and sickened dozens more in Nigeria
  • DPRK successfully test
  • Minister 'not convinced' Fire and Emergency needs further levy boost