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:2024-05-21 09:28:25 source:Culture Current 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
  • Trump accepts a VP debate but wants it on Fox News. Harris has already said yes to CBS
  • Mariah Carey turns heads in a dramatic gold floor
  • Mariah Carey turns heads in a dramatic gold floor
  • Google is combining its Android software and Pixel hardware divisions to more broadly integrate AI
  • Adams, Reyna, Turner, Ream are US concerns ahead of Copa America
  • The 20 best shows to watch On Demand this weekend
  • Start of Sen. Bob Menendez's bribery trial is delayed a week to mid
  • Dutch soccer club Vitesse docked points and relegated during probe of Russian ties to Abramovich
Recommended content
  • Travis Kelce downs whiskey shot on slice of bread at Kelce Jam without Taylor Swift
  • The NBA playoffs are finally here. And as LeBron James says, 'it's a sprint now'
  • Texas Attorney General Ken Paxton can be disciplined for suit to overturn 2020 election, court says
  • 5,000 flee military raids on villages in Myanmar’s Sagaing region — Radio Free Asia
  • Kate Hudson hits the stage to debut songs from her new album Glorious at star
  • Gay 30 Rock actor Maulik Pancholy is canceled from anti