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Supreme Court Upholds SEC Restrictions on Elon Musk's Tweets

The Supreme Court has rejected Elon Musk's appeal to overturn a settlement requiring pre-approval of his Tesla-related tweets, affirming lower court decisions.

  • The Supreme Court declined to hear Elon Musk's appeal, leaving in place a 2018 SEC settlement that mandates pre-approval of tweets about Tesla by a company lawyer.
  • Musk's legal challenges to the SEC agreement argued it violated his First Amendment rights, but the courts have consistently upheld the settlement.
  • The SEC enforced the agreement after Musk's 2018 tweet claiming 'funding secured' to take Tesla private, which was deemed misleading and caused significant market disruption.
  • Despite multiple legal attempts to overturn the agreement, all courts, including the Supreme Court, have found no grounds to challenge the SEC's conditions.
  • Musk's ongoing legal battles with the SEC have highlighted issues of free speech and regulatory oversight in corporate communications.
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