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. |
Malta, Libya pledge to cooperate to save lives at seaChina to launch new research project on giant panda protectionSyrian workers arrange cotton fabric for making masks in DamascusUrumqi takes measures to meet residents' need amid efforts to contain COVIDSyrian workers arrange cotton fabric for making masks in DamascusComicomment丨Ocean in sorrow: influx of nuclearTurkey vows to retaliate if EU imposes new sanctionsChina hands over donated COVIDAnimal husbandry sees broad prospects in digitalizationXi Exchanges Congratulations with Kenyan President over 60th Anniversary of Diplomatic Ties