Search Featured Websites:
Feature your business, services, products, events & news. Submit Website.
Breaking Top Featured Content:
Feature your business, services, products, events & news. Submit Website.
Breaking Top Featured Content:
The court has approved Elon Musk’s new agreement to let lawyers oversee his Tesla tweets
Elon Musk has agreed to more specific oversight on his tweets about Tesla, and a court has now approved the deal. After weeks of negotiation, Musk and the Securities and Exchange Commission decided last Friday that Musk must have a company lawyer pre-approve tweets about Tesla’s financial health, sales, or delivery numbers — estimated or otherwise — as well as other specific subjects, according to a court filing.
The two sides filed late last Friday to amend the settlement agreement reached last year over the “funding secured” debacle, which originally prompted the SEC to attempt to install oversight over Musk’s tweets. US District Court Judge Alison Nathan, who presided over the case, has approved Friday’s amendment as of today, April…