Elon Musk Cites Jury Verdict Over Tesla Tweets in SEC Battle
Elon Musk has filed legal paperwork to parlay a recent court victory over his tweets in 2018 about potentially taking Tesla Inc. private into a win also in a long-running legal battle with the Securities and Exchange Commission.
Mr. Musk has been trying to scrap a settlement he reached with securities regulators in 2018 that required some of his tweets be preapproved. The unusual settlement came after the SEC alleged that Mr. Musk misled investors in 2018 with tweets that weren’t truthful.
Elon Musk has filed legal paperwork to parlay a recent court victory over his tweets in 2018 about potentially taking Tesla Inc. private into a win also in a long-running legal battle with the Securities and Exchange Commission.
Mr. Musk has been trying to scrap a settlement he reached with securities regulators in 2018 that required some of his tweets be preapproved. The unusual settlement came after the SEC alleged that Mr. Musk misled investors in 2018 with tweets that weren’t truthful.
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