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The Independent UK
The Independent UK
Technology
Martha McHardy

Elon Musk is asking Supreme Court to undo Tesla settlement agreement

Elon Musk Tesla Inc. United States Twitter Inc. SEC the Supreme Court
AP

Elon Musk has asked the Supreme Court to undo a settlement agreement that required a company lawyer to review and approve all his Tesla-related tweets.

The Tesla CEO and his company struck a settlement agreement with the Securities and Exchange Commission in 2018 after he was charged with civil securities fraud by the SEC for tweets in which he said he had “funding secured” to take Tesla private for $420 per share, and that “investor support” for such a deal was “confirmed.”

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