Express

The SEC Warns Musk's Tweets Have Violated Court Orders Twice

Mary Liu

Summary: According to the Wall Street Journal, the U.S. Securities and Exchange Commission (SEC) told Tesla that its CEO Elon Musk's behavior, which tweets about Tesla's solar roof and its stock price, has violated the court's order twice.  The policy requires that his tweets must be approved by the company’s lawyers. Tesla's external lawyers said that ...

According to the Wall Street Journal, the U.S. Securities and Exchange Commission (SEC) told Tesla that its CEO Elon Musk's behavior, which tweets about Tesla's solar roof and its stock price, has violated the court's order twice. 

The policy requires that his tweets must be approved by the company’s lawyers. Tesla's external lawyers said that the regulator had tried to stop and silence Musk.

Musk frequently posts cryptocurrency-related tweets, which has caused huge volatility in the market. Currently, the SEC has not yet commented on Musk's crypto tweets.

By Mary Liu

Last Update:

Tags: ,
Link: The SEC Warns Musk's Tweets Have Violated Court Orders Twice   [Copy]
Next:

Related Articles

  • BitFuFu’s VP on Mining Leadership, Corporate Crypto Treasuries, the Stablecoin Act, and... 3 days ago
  • BTC Weekly Outlook: A Bullish Week, but Signs Point to a Shift to Defensive Play 4 days ago
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 15 days ago
  • When Stablecoins Tear Down Banks’ Interest Margin Moats — A Third Look at the U.S. “Ge... 16 days ago
  • Twitter Space Highlight: Is Altcoin Season Coming? Unpacking BTC, Institutions & RWA 18 days ago

    • You need to login to comment.