Elon Musk Loses Appeal of 'Twitter Sitter' Provision from sec 186 of companies act 2013 Watch Video

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✓ Published: 29-Apr-2024
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Elon Musk , Loses Appeal of , 'Twitter Sitter' Provision .<br/>On April 29, the Supreme Court denied billionaire <br/>Elon Musk's challenge to the terms of a Securities<br/>and Exchange Commission agreement. .<br/>On April 29, the Supreme Court denied billionaire <br/>Elon Musk's challenge to the terms of a Securities<br/>and Exchange Commission agreement. .<br/>NBC reports that the SEC requirement <br/>would require a lawyer to review <br/>the Tesla CEO's social media posts. .<br/>In his appeal, Musk argued that the SEC's requirement, <br/>which has been dubbed the 'Twitter sitter' provision, <br/>unlawfully imposed conditions on his freedom to comment. .<br/>In his appeal, Musk argued that the SEC's requirement, <br/>which has been dubbed the 'Twitter sitter' provision, <br/>unlawfully imposed conditions on his freedom to comment. .<br/>The SEC requirement stems from Musk's tweets in 2018 that <br/>claimed he was taking Tesla private, which shocked the <br/>market and caused shares in the company to surge.<br/>The SEC requirement stems from Musk's tweets in 2018 that <br/>claimed he was taking Tesla private, which shocked the <br/>market and caused shares in the company to surge.<br/>The SEC deemed the tweets <br/>\

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