Supreme Court Rejects Elon Musk's Bid To Overturn SEC Decision: Report
The U.S. Supreme Court upheld the SEC's $20 million settlement with Tesla's Elon Musk over misleading tweets, rejecting his appeal citing First Amendment constraints. The decision reinforces SEC's pre-approval mandate on Musk's social media posts, cementing terms of the 2018 agreement and signaling a blow to his efforts to overturn restrictions.