Trusted News Discovery Since 2008
{{/content}}
Elon Musk`s `Surprise Tour` To China Is Big Concern For India. Here`s Why
Credit: Zee News- Published 3 weeks ago
CEO Elon Musk is expected to meet senior Chinese officials at the State Council.
Video credit: Wibbitz Top Stories
Published 3 weeks ago - 01:31
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.
You are here
Related videos from verified sources
If only Zuckerberg were as tough’: Elon Musk’s birthday gift for Meta CEO is reviving cage match bet 01:07
Credit: Rumble - Published 2 hours ago
Elon Musk success story | Spacex Tesla Documentary
Credit: Rumble - Published 9 hours ago
THE DOLLAR WILL BE WORTHLESS SAYS ELON MUSK THE WRITINGS ON THE WALL-ARROWS OF INDIGNATION 144 01:47
Credit: Rumble - Published 15 hours ago
Related news from verified sources
Buzz is that after four years of a tumultuous relationship, Tesla and SpaceX CEO- Elon Musk has unfollowed his ex-girlfriend Grimes on X. It is reported that...
on April 5, 2024 • IndiaTimes
Elon Musk's India tour starts on April 22 and this will be the first time that Elon Musk will come to India.
on April 11, 2024 • DNA
Elon Musk CEO of Tesla and owner of X (previously known as Twitter) on Wednesday expressed his intent to purchase shares of Disney (DIS) if activist investor...
on April 3, 2024 • IndiaTimes