Elon Musk’s legal battle with the Securities and Exchange Commission (SEC) took a new turn in December when he petitioned the Supreme Court to overturn the settlement that had been reached with the SEC in 2018. Musk argued that the requirement to seek approval for any posts about Tesla, which he refers to as his “Twitter sitter,” infringed upon his free speech rights. However, the court dismissed his claim and declined to take up the case without providing a reason for their decision.
Musk’s contentious relationship with regulatory authorities is not new, as he has openly criticized the SEC and made disparaging remarks about President Joe Biden in public. In addition, he has engaged in public disagreements with foreign officials. Recently, the SEC launched a new investigation into Tesla’s self-driving technology, which has faced scrutiny from regulators following several accidents. The ongoing challenges faced by Musk’s companies in navigating legal and regulatory landscapes highlight the importance of maintaining clear communication between government agencies and business leaders.