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Musk's 'Twitter Sitter' Stays On Duty: Supreme Court Snubs Free Speech Appeal [Yahoo! Finance]
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US:NASDAQ Investor Relations: ir.tesla.com
Musk is not allowed to post certain items on social media as part of a settlement made six years ago. What Happened: On Monday, the U.S. Supreme Court rejected an appeal from Musk to remove a provision related to a 2018 settlement with the Securities and Exchange Commission (SEC). Musk and Tesla Inc (NASDAQ: TSLA ) each agreed to pay $20 million as part of a settlement with the SEC in 2018, which was related to a tweet made by Musk announcing that funding had been secured to take the electric vehicle company private. Part of the settlement also included the "oversight of communications relating to the company made in any format." This so-called "Twitter Sitter" provision limited what Musk could post on X, formerly known as Twitter, and other social media platforms related to Tesla. As part of a settlement agreement, Musk is required to obtain approval from an internal attorney before making any posts about Tesla on X. Musk asked the Supreme Court to take up an appeal in Dec
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