Elon Musk has been battling with the U.S. Securities and Exchange Commission (SEC) in court to undo a agreement that ensured oversight of his tweets, all in response to his tweet claiming he had “funding secured” to take the Tesla private.
In court filings Musk has claimed the SEC is harassing and unfairly punishing him for his first amendment rights and speaking out against the government and the SEC.
On Wednesday a judge in New York sided with the SEC, saying Musk can’t undo his agreement, even though he felt like he was forced to agree to it at the time.
“Musk cannot now seek to retract the agreement he knowingly and willingly entered by simply bemoaning that he felt like he had to agree to it at the time but now — once the specter of the litigation is a distant memory and his company has become, in his estimation, all but invincible — wishes that he had not,” U.S. District Judge Lewis Liman in Manhattan said in his decision. (via Bloomberg)
Musk was also seeking to block an SEC subpoena for documents related to the review of his tweets. That request was also denied.
