Elon Musk’s Latest Attempt to Remove SEC Oversight from His Posts is Rejected

Lawyers have pointed out that the agreement places restrictions on Elon Musk’s speech, even when it is truthful and accurate. This extends to speech that is not covered by securities laws and is unrelated to the conduct underlying the SEC’s civil action against Mr. Musk.

Approximately 3,350 investors are anticipated to receive around $12,400 each as part of the settlement, which will be dispersed from the $40 million in total fines paid by Musk and Tesla. What are your thoughts on this situation?

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