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.
California congressman urges closer consultation with tribes on offshore wind
Afghanistan's only female diplomat resigns in India after gold smuggling allegations
Cavaliers C Jarrett Allen ruled out for Game 6 of first
Former Nickelodeon star Victoria Justice, 31, opens up about filming her first sex scene
California congressman urges closer consultation with tribes on offshore wind
Kaley Cuoco sells her stunning nine
Victoria Beckham shares pictures from husband David's 49th birthday at Cantonese restaurant
Senate races are roiled by campus protests over the war in Gaza as campaign rhetoric sharpens
Analysis: Larson enters conversation with Verstappen as best drivers in the world
United Methodist delegates repeal their church’s ban on its clergy celebrating same