Judge denies Elon Musk’s request to end Twitter oversight by SEC

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.

Elon Musk says SEC investigation into funding secured tweet was “like having a gun to your child’s head” [Video]

Previous Article

SpaceX receives license to provide Starlink service in Bahrain

Next Article

Polestar 2 updated with new design, more range, and more sustainability

You might be interested in …

GM Ultra Cruise

GM announces Ultra Cruise hands-free driver assistance system said to work on all public paved roads in Canada and US

General Motors (GM) has announced an all-new driver assistance technology known as Ultra Cruise. The automaker says it will “enable door-to-door hands-free driving” in 95% of driving scenarios. Ultra Cruise will not replace GMs other […]