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

  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 23 hours ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 4 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 5 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 7 days ago
  • New All-Time High for BTC: Weekly Market Outlook & Strategy 8 days ago

    • You need to login to comment.