In light of Musk’s frequent and heavy use of Twitter, the question of whether he complied with the terms of the deal remains unanswered. Musk alleges that the SEC abused the agreement by conducting “malicious investigations,” but the court finds no basis for this accusation.
At the same time, the court also noted that the commission investigated only three of Musk’s tweets.
Recall that this whole story began in 2018 when Musk published a post in which he announced that he had funds to repurchase Tesla shares at $420 per share.
Source: Ferra
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
