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
College baseball notebook: Conference tournaments to decide NCAA automatic bids and many at
The field for the NCAA baseball tournament will take shape this week with conference tournaments det2024-05-21Josef Newgarden’s win in IndyCar’s season
Josef Newgarden’s win in IndyCar’s season-opening race at St. Petersburg was disqualified Wednesday2024-05-21Dairy cattle must be tested for bird flu before moving between states, agriculture officials say
Dairy cattle moving between states must be tested for the bird flu virus, U.S. agriculture officials2024-05-21Microsoft and Amazon face scrutiny from UK competition watchdog over recent AI deals
LONDON (AP) — British competition regulators said Wednesday they’ll scrutinize recent artificial int2024-05-21Ohio judge to rule Monday on whether the state’s abortion ban stands
COLUMBUS, Ohio (AP) — A county judge could rule as early as Monday on Ohio’s law banning virtually a2024-05-21Tennessee lawmakers join movement allowing some teachers to take guns into schools
Some public school teachers in Tennessee could gain new powers to carry concealed guns into the clas2024-05-21
atest comment