The Supreme Court said no to Elon Musk’s request to change his deal with the Securities and Exchange Commission (SEC). In 2018, Musk agreed to a deal with the SEC after he said on Twitter that he had the money to take Tesla off the stock market. But that didn’t happen.
Musk wanted the Supreme Court to cancel the deal because he thought it limited his right to speak freely. But the court said no.
We haven’t heard from Musk’s companies, X and Tesla, about this yet.
Musk, who runs Tesla, SpaceX, and X, has had arguments with the government before. He’s criticized the SEC, insulted President Joe Biden, and even had a fight with a judge in Brazil.
At the same time, the SEC is looking into Tesla’s claims about its self-driving technology. Federal regulators also said recently that Tesla’s self-driving feature might be linked to many car crashes.
