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.
Italian Prime Minister Giorgia Meloni has once again taken the internet by storm — but this time, it’s not for her politics. A resurfaced swimsuit photo of Meloni from a 2020 magazine cover has gone viral, sparking a flood of reactions online. Social media users couldn't get enough, with some even dragging Elon Musk into the conversation, joking that “Meloni shows Elon what he’s missing.” While there's no confirmed connection between the two, the buzz is real. In this video, we break down the reactions, the photo’s origins, and why it’s reigniting global curiosity around Italy’s first female PM.
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In a fiery press briefing, Karoline Leavitt, press secretary, condemned the rising violence against Tesla and its CEO, Elon Musk, blaming Democrats for their silence on the issue. Amid growing attacks on Tesla dealerships, vandalism of vehicles, and violent threats to Musk’s family, Leavitt slammed the left for ignoring the violence.
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Extinction Rebellion stages Earth Day protest outside Tesla showroom
Climate activists held a demonstration outside a Tesla dealership in Manhattan on Earth Day, criticising Elon Musk and his involvement in the recently formed Department of Government Efficiency in the US.
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Musk vows to step back from DOGE job and put more time into Tesla
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