Appeals Court Refuses to Lift Approval Requirement for Musk's Tesla Tweets

Tesla CEO Elon Musk lost an appeal to unwind parts of a consent decree that he and the automaker struck with the Securities and Exchange Commission to settle civil securities fraud charges in 2018. The ruling, issued by a federal appeals court, affirms a prior decision from the U.S. District Court for the Southern District of New York, which issued the initial denial.

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