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Elon Musk will still not be able to post tweets about Tesla if they are not verified first



Elon Musk will still not be able to post tweets about Tesla if they are not verified first


Despite the recent acquisition of the social network Twitter by the eccentric billionaire Elon Musk in an operation valued at 44,000 million dollars, the also owner of Tesla you will still need to have your EV company-related tweets authorized and verified by a team of lawyers.

The reason for this measure was the publication of different tweets by the tycoon related to his operations with Tesla shares in 2018, assuring that he had money to buy all the shares, or publishing surveys where he implied the sale of Tesla shares, varying So the market prices. The SEC (Securities and Exchange Commission of the United States) determined that the millionaire had cheated the investors and that, in addition to paying 40 million dollars (half him and the other half Tesla), a team of lawyers should review and previously approve the tweets he made about the company.

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Musk filed an appeal against this measure, but the judge denied his request, since it was an agreement voluntarily accepted by the tycoon. Therefore, it seems that although he is now the owner of this social network, he will have to continue to comply with US laws.