Musk bid to scrap deal with US securities regulators over Tesla tweets rejected

Wed, 27 Apr, 2022 - 17:16

Tom Krisher, Associated Press

Elon Musk’s request to scrap a settlement with US securities regulators over 2018 tweets claiming he had the funding to take Tesla private has been denied by a federal judge in New York.

Judge Lewis Liman also denied a motion to nullify subpoenas of Mr Musk seeking information about possible violations of his settlement with the Securities and Exchange Commission (SEC).