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Axios
Axios
Business

Elon Musk tries to get out of his deal

Elon Musk SEC Tesla Inc.

Elon Musk is trying to back out of his 2018 settlement with U.S. securities regulators, related to his social media claim of having had "funding secured" to take Tesla private.

Driving the news: Musk this week asked a federal judge to terminate the consent decree, which required that Tesla counsel vet any of Musk's tweets that could be deemed material to the company and/or its shareholders.

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