Tesla to cut around 15,000 jobs under Musk drive for 'productivity' - reports

Elon Musk Loses Appeal of 'Twitter Sitter' Provision

Elon Musk , Loses Appeal of , 'Twitter Sitter' Provision . On April 29, the Supreme Court denied billionaire Elon Musk's challenge to the terms of a Securities and Exchange Commission agreement. . On April 29, the Supreme Court denied billionaire Elon Musk's challenge to the terms of a Securities and Exchange Commission agreement. . NBC reports that the SEC requirement would require a lawyer to review the Tesla CEO's social media posts. . In his appeal, Musk argued that the SEC's requirement, which has been dubbed the 'Twitter sitter' provision, unlawfully imposed conditions on his freedom to comment. . In his appeal, Musk argued that the SEC's requirement, which has been dubbed the 'Twitter sitter' provision, unlawfully imposed conditions on his freedom to comment. . The SEC requirement stems from Musk's tweets in 2018 that claimed he was taking Tesla private, which shocked the market and caused shares in the company to surge. The SEC requirement stems from Musk's tweets in 2018 that claimed he was taking Tesla private, which shocked the market and caused shares in the company to surge. The SEC deemed the tweets "materially false and misleading," and in clear violation of securities laws. At the time, Musk agreed to settle the issue with the SEC, which included his signing off on the so-called "Twitter sitter" provision. NBC reports that Musk has since said the restrictions are unconstitutional and that he was coerced into signing the SEC agreement. According to court papers, lawyers representing Musk have accused the SEC of waging an "ongoing campaign" against Musk. Musk's legal team claim the provision , "restricts Mr. Musk’s speech even when truthful and accurate.". It extends to speech not covered by the securities laws and with no relation to the conduct underlying the SEC’s civil action, Elon Musk legal team, via NBC. In response, the SEC said in court papers that Musk waived his right to appeal when he signed off on the settlement.

Tesla's Musk in China as rivals reveal new electric cars at Beijing auto show

Musk is viewed in China as a favourable contrast to the stern statements from US officials, particularly during the recent visit by US Secretary of State Antony Blinken.

Elon Musk postpones trip to India, cites ‘very heavy Tesla obligations’ | Oneindia

Elon Musk, CEO of Tesla, has deferred his visit to India to meet with Prime Minister Narendra Modi, attributing the delay to pressing commitments at Tesla. Musk expressed his intention to reschedule the visit for a later time this year. "Unfortunately, very heavy Tesla obligations require that the visit to India be delayed, but I do very much look forward to visiting later this year," Musk posted on his X account. #ElonMusk #Tesla #IndiaVisit #TeslaObligations #ElectricVehicles #GlobalExpansion #TeslaIndia #BusinessTravel #TechNews #Innovation ~HT.97~PR.152~ED.102~

Elon Musk targets Australian senator, gun laws in deepening dispute over X attack posts | Oneindia

Elon Musk found himself in the crosshairs of controversy once again as he clashed with Australian authorities over content censorship on his platform, X. The dispute stemmed from a court order instructing X to remove video posts depicting a violent incident involving an Assyrian bishop. Musk, known for his outspoken nature, accused Australian leaders of attempting to stifle internet freedom, drawing condemnation from lawmakers. #ElonMusk #AnthonyAlbanese #ElonMuskVsAustralia #XStabbingPosts #PostCensorship #Australia #SenatorTargeted #XDispute #SydneyChurchStabbing #CensorshipBattle #GunLawsDebate #InternetFreedom #ContentRegulation #LegalChallenge ~PR.152~ED.101~GR.122~

Elon Musk accuses Australia of censorship