Supreme Court rules in favor of SEC against Elon Musk

In a recent decision, the Supreme Court rejected Elon Musk's appeal to remove his "Twitter sitter," which requires him to seek legal approval for any posts about Tesla on the social media platform. This requirement stems from a settlement Musk made with the Securities and Exchange Commission in 2018 after he falsely claimed to have secured funding to take Tesla private.

Musk argued that this restriction on his social media activity limited his free speech. However, the court dismissed his appeal without providing a reason for their decision.

This is not the first time Musk has clashed with government agencies. He has a history of feuding with the SEC and has made controversial statements about public figures, including President Joe Biden and a Brazilian Supreme Court justice.

Additionally, Tesla's self-driving technology has come under scrutiny from federal regulators, with investigations being launched into the company's claims about its Autopilot feature. The regulators have linked Tesla's Autopilot to numerous crashes, prompting concerns about the safety of the technology.

While Musk's legal battles and public disputes have attracted significant attention, it remains to be seen how these ongoing conflicts will impact his businesses, including Tesla and SpaceX. As the Supreme Court has upheld the requirement for Musk to seek legal approval for his Tesla-related tweets, it is clear that he will continue to face challenges in navigating the intersection of his personal opinions and his responsibilities as the head of a publicly traded company.


More from Press Rundown