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
Storms damage homes in Oklahoma and Kansas. But in Houston, most power is restored
WICHITA, Kan. (AP) — Fast-moving storms with strong winds, large hail and apparent tornadoes swept O2024-05-21- ROME (AP) — A Hungarian court of appeal on Wednesday upheld a request from an Italian anti-fascist a2024-05-21
Blinken's Kyiv song choice raises eyebrows as Ukraine fights fierce Russian attacks
KYIV, Ukraine (AP) — Fresh from a day of delivering optimistic prognoses about how Ukraine would far2024-05-21Young South Koreans are increasingly drawn to Buddhism via social media
SEOUL (AP) — A South Korean deejay dressed as a Buddhist monk bounced up and down on stage while pla2024-05-21Children are evacuated from school 'during an exam' after threat made via email
Children have been evacuated from a school with Year 11 students told to leave mid-exam after a thre2024-05-21Independent UN experts say radical Saudi Arabia scholar held for years should be tried or released
DUBAI, United Arab Emirates (AP) — A radical Sunni scholar whose criticisms of Saudi Arabia’s govern2024-05-21
atest comment