A federal judge on Wednesday denied Tesla Chief Executive Elon Musk’s request to end a 2018 agreement with the U.S. Securities and Exchange Commission that required his Tesla-related tweets to be reviewed and preapproved.
A federal judge on Wednesday denied Tesla Inc. Chief Executive Elon Musk’s request to end a 2018 agreement with the U.S. Securities and Exchange Commission that required his Tesla-related tweets to be reviewed and preapproved.
Musk last month asked the courts to end the SEC oversight, claiming it infringed on his First Amendment rights, and to block SEC subpoenas sent in November. Both were denied. “Musk cannot now seek to retract the agreement he knowingly and willingly entered by simply bemoaning that he felt like he had to agree to it at the time but now — once the specter of the litigation is a distant memory and his company has become, in his estimation, all but invincible — wishes he had not,” the judge wrote.
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