🧵 1. Elon Musk fights SEC battle to Supreme Court, challenging consent decree on Twitter usage for Tesla's financials. Attorney confirms appeal. #fintech
🧵 1. Elon Musk fights SEC battle to Supreme Court, challenging consent decree on Twitter usage for Tesla's financials. Attorney confirms appeal. #fintech
🧵 2. Musk's appeal comes after judges reject reexamination request. He claims being forced into decree and giving up contesting SEC terms.
🧵 3. SEC sued Musk over tweets about taking Tesla private with "funding secured." Shareholders blamed losses. Musk defends tweets in shareholder trial.
🧵 4. Musk hopes Supreme Court will decide if SEC went too far with consent decree. Outcome will shape his social media posting freedom.
🧵 5. Uncertainty on Supreme Court's response, but it'll impact Musk's online speech. Will he have to follow SEC's decisions or gain flexibility?
🧵 Read more at: https://www.engadget.com/elon-musk-is-taking-his-sec-fight-to-the-supreme-court-161255874.html