Supreme Court rejects Musk appeal over Tesla tweets
Time:2024-05-21 12:12:41 Source:healthViews(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:Russian theater director and playwright go on trial over a play authorities say justifies terrorism
Next:Rangers are undefeated at .500 to keep World Series champs from a losing record with Bochy
You may also like
- Kristin Cavallari, 37, ignores critics of her age
- Scenery of Nujiang valley in China's Yunnan
- Swans pictured at lake in Shandong
- GLOBALink
- ‘The Blue Angels,’ filmed for IMAX, puts viewers in the ‘box’ with the elite flying squad
- Fishermen harvest sea cucumbers in NE China
- Giant panda activities frequently captured at a nature reserve in SW China
- Autumn scenery at Pofengling Scenic Area in Beijing
- Four people killed in a house explosion in southwestern Missouri