Elon Musk Accuses SEC of Attempting ‘Power Grab’ Against Him

HITTING OUT

Jamie Ross

Reporter

Updated Mar. 12, 2019 6:25AM ET / Published Mar. 12, 2019 5:55AM ET

Reuters / Mike Blake

Tesla CEO Elon Musk urged a federal judge Monday to throw out a contempt order against him, saying the Securities & Exchange Commission’s legal action is, in effect, an “unconstitutional power grab” against him. In a court filing from his attorney, Musk argues the SEC’s legal action against him “smacks of retaliation and censorship” that he believes is in response to him saying last year that he didn’t “respect” the SEC. The SEC accuses Musk of breaking a deal to seek pre-approval from it for any potentially market-moving tweets. The deal was struck in September after Musk was accused of lying to investors when he tweeted that he had “funding secured” to take Tesla private. However, on Feb. 19, Musk tweeted that the company would make about 500,000 cars this year. He says he “used his discretion” to determine that the first Feb. 19 tweet did not require pre-approval from the SEC, saying: “This was a celebratory string of tweets, expressing excitement about Tesla’s success since 2011 and pride for what Tesla anticipated achieving in 2019.”

Read it at The Washington Post

Trump Claims COVID Vaccine Was Delayed as a ‘Political Hit’

“They are trying to do a little bit of a political hit. ‘Let’s delay the vaccine just a little bit,’” he said at a campaign rally.

Michael Caputo Diagnosed With Cancer Amid HHS Hiatus

He was placed on medical leave last week following a conspiracy-mongering Facebook Live rant.

‘Dry Clean Only’ Is a Myth, and This Brand Will Prove It

The Laundress lets you wash cashmere, wool, and even silk without setting foot in a dry cleaner.

Trump: ‘I Give My Regards’ to Breonna Taylor’s Family

The president said he would work with Kentucky’s governor to resolve unrest that has sprung up in response to Taylor’s death.

Cop Slashed $5K of Tires After Being Denied Alcohol: Charges

Despite video evidence which showed him damaging vehicles, charges didn’t come until weeks later.

Uniqlo AIRism Face Masks Are Finally Here

The triple-layer structure is made from two layers of breathable AIRism fabric plus a filter sandwiched between.

Health Secretary’s Security Officer Tests Positive for COVID

In response, the security agent has been quarantined, Azar himself has been tested, and the agency has implemented extra cleanings in its buildings.

Violent Neo-Nazi Leader Worked for Pentagon: Report

Rinaldo Nazzaro worked with one of the most private elements of the military and was trained in combating jihadist terrorism.

Prudential Fires Man Who Told Woman ‘Go Back to Wuhan’

Prudential announced Tuesday it had fired James Hilbrant after he allegedly told a 28-year-old Korean American to “go back to Wuhan” in Newport Beach.

300,000 Mariners Are Stuck at Sea Because of COVID-19

“Not knowing when or if we would be returning home put severe mental strain on my crew and myself,” one ship captain said.

These Extremely Affordable Earbuds Are My New Everyday Pair

At just $30, these truly wireless earbuds have a permanent place in my bag.

Suspect Arrested in Shooting of Two Louisville Cops

Larynzo Johnson, 26, allegedly shot two officers amid protests Wednesday evening over the grand jury decision in Breonna Taylor’s case.

Mom Killed Disabled Child by Silencing Medical Alarm: Cops

Elise C. Nelson, of Paynesville, allegedly silenced alarms attached to her daughter’s medical device.