In December, Elon Musk petitioned the Supreme Court to overturn a settlement he had reached with the Securities and Exchange Commission (SEC) in 2018. Musk argued that the legal requirement to seek approval for any posts about Tesla, known as his “Twitter sitter,” infringed upon his free speech rights. However, the court dismissed his claim and did not provide a reason for their decision.
Musk has a history of public disputes with government agencies, including openly criticizing the SEC and making disparaging remarks about President Joe Biden. Recently, the SEC launched a new investigation into Tesla’s self-driving technology, which has faced scrutiny from regulators following several accidents. Musk’s contentious relationship with regulatory authorities highlights the ongoing challenges faced by his companies in navigating legal and regulatory landscapes.
The Supreme Court declined to take up Musk’s case, leaving him without a clear path forward in his legal battle against the SEC. It is unclear if he will continue to pursue legal action in this matter or if he will accept the ruling as final. Regardless of his next move, Musk’s fight against government regulation is likely to continue to be a major point of contention in the business world.
