Elon Musk asks judge to terminate 2018 consent decree with SEC

Published



Tesla CEO Elon Musk filed a motion Tuesday asking a judge to end a consent decree with the U.S. Securities and Exchange Commission stemming from a Twitter post regarding the sale of Tesla stock shares.

Musk argued in a court filing with the New York Southern District Court that the consent decree should be terminated because his “freedom of speech is infringed” and the SEC has used it in “bad faith” to investigate several tweets from Musk since 2018, including one in which he asserted he had “funding secured” to take the company private.

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