Supreme Court rejects Elon Musk’s efforts to get rid of his ‘Twitter sitter’
Elon Musk’s efforts to nullify a settlement with the Securities and Exchange Commission that requires him to get a lawyer’s preapproval for some posts related to Tesla has been rejected by the US Supreme Court.
Musk has been required to receive approval from his so-called “Twitter sitter” after signing a consent decree with the SEC in 2018 in response to his tweets about taking Tesla private, in which he falsely stated to have “funding secured.”
But ever since agreeing to the settlement, Musk has been trying to wriggle his way out of the consent decree that he have a lawyer review posts that could have a material impact on Tesla before publishing them. Moreover, if the Twitter sitter does indeed exist, no one has stepped forward to...