(Reuters) – Elon Musk on Wednesday urged a federal judge not to prevent him from publicly discussing a lawsuit accusing him of cheating Tesla Inc. shareholders by tweeting 2018 about taking his electric car business private.
In an application to the federal court in San Francisco, Musk and Tesla said that the shareholders’ request for a comprehensive “gag order” could not be reconciled with the US Constitution’s guarantee of freedom of expression.
They also said the proposed restrictions could block Musk from communicating with Tesla’s shareholders, discuss his proposal to buy Twitter Inc. and try to end his consent decree with the US Securities and Exchange Commission, which requires Tesla̵
7;s lawyers to know some of his lawyers. tweet.The shareholders’ request “evokes a level of censorship that is completely incompatible with our legal system and the basic principles of freedom of expression,” wrote lawyers for Tesla and Mr. Musk.
The shareholders’ lawyers did not immediately respond to a request for comment.
The lawsuit stemmed from volatility in Tesla’s shares after Musk tweeted on August 7, 2018 that he had “secured financing” to potentially take Tesla private for $ 420 per share.
Shareholders on April 15 demanded a temporary restraining order that blocked Musk from publicly discussing his “interpretation and views” of their case until after a trial. Their request came after they said U.S. District Judge Edward Chen agreed with them that the tweet was “false and misleading.”
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