Musk’s lawyers say SEC has not met heavy burden to show contempt

Musk’s lawyers say SEC has not met heavy burden to show contempt

Elon Musk’s lawyers said that the US SEC failed to satisfy its heavy burden of showing that the Tesla CEO should be held in contempt. Musk’s lawyers also said their client ’respects his obligations’ to the company, its shareholders and the court. In Friday’s filing, Musk’s lawyers said the SEC had conceded that Tesla-related tweets were not subject to a broad pre-approval requirement.

Simone
Simone
Colin M.
Colin M. 1 year

Musk and Teslas Lawyers are quite correct. I'd be shocked if this turned out to be anything more than a nothingburger.

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