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Article Summary
- A judge rejected the US government's attempt to sanction Elon Musk
- The attempt was made in response to Musk's tweet about Tesla's stock price being too high
- The judge ruled that Musk's tweet did not violate a previous settlement agreement with the SEC
- The SEC had argued that Musk's tweet was misleading and violated the agreement
- Musk's legal team argued that the tweet was merely an opinion and not material to investors Tone: Neutral
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Judge Rejects US Government Attempt To Sanction Elon Musk
A federal judge has turned down a request by the U.S. government to sanction Elon Musk for missing a scheduled deposition. Sanctioning Musk, the billionaire owner of SpaceX and the social media platform X, would not serve a purpose, U.S. District Judge Jacqueline Scott Corley wrote in a three-page decision. In a case brought by […]
https://www.ntd.com/judge-rejects-us-government-at...
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