Musk asks US Justice to revoke his Tesla-related tweets

HE billionaire businessman Elon Musk This Tuesday, he asked US justice to lift judicial review of Trump’s tweets. Tesla – a measure imposed on him by the stock market regulator in 2018 – given his recent victory in the process of the consequences of these messages.

The businessman’s lawyer, Alex Spiro, requested an appeals court this Tuesday to suspend the measure. considered “unconstitutional” because it was imposed “by trap” And? means “extortion” for practical purposes.

In a lawsuit that was settled on Feb. 3 in San Francisco, Musk was found not responsible for the millions of losses he allegedly attributed to some tweets several investors wrote in 2018 that he said had enough money to take the company out of stock. something that never happened.

Securities and Exchange Commission (SEC) in 2018 He accused Musk of message fraud, and the businessman settled the case by agreeing to pay a fine.temporarily resigns from his executive role and agrees to have a lawyer watch his tweets about Tesla due to potential stock market impact.

Musk had previously contested the deal unsuccessfully. violates your freedom of expression And now, after the San Francisco jury judged the tweets were not misleading, he argues, this measure was not sustained, the premise that this audit order began.

“I’m considering going public with Tesla at $420. Funded,” he said in the reviewed tweet, where Musk talked about the price per share he could offer the company in the transaction, which would cost the company about $72,000,000,000.

Then he added another message: “Investor support confirmed. The only reason this isn’t certain is because of the stakeholder vote”.

Source: Informacion

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