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0.000951326944161888 0.00107995416754779 0.00201636035379686 0.00452716375428903 0.0133767167232369 0.00309014041462206 -0.000679666248370979 0.00432136019687168
Stock impact report

Supreme Court Declines To Hear Elon Musk's Appeal Against SEC [Forbes]

Tesla, Inc. (TSLA) 
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Company Research Source: Forbes
Exchange Commission that required him to have a Tesla lawyer review all of his tweets about the company. The high court upheld an appeals court ruling that Musk must still have his tweets about Tesla ... [+] approved by a company lawyer. The SEC sued Musk in 2018 after an in which the billionaire claimed he had “funding secured” to take Tesla private at $420 per share—which the SEC claimed “misled investors” and caused Tesla's stock price to rapidly surge. Musk settled the case that same year, agreeing to pay $20 million in fines and the “Twitter sitter” clause—which required a Tesla lawyer to approve any Tweets about the company. Tesla also had to pay a separate $20 million in civil fines, and Musk was forced to step down as the electric vehicle manufacturer's chairman. Lawyers for Musk appealed the decision in September 2022, arguing that the “Twitter sitter” provision was “chilling Mr. Musk's speech” and violated his First Amendment rights to free speech. The Supreme Co Show less Read more
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