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Elon Musk Sec. Cite Eminem song in latest volley with

Elon Musk Sec. Cite Eminem song in latest volley with

The latest court filing in Elon Musk's fight to take back control of his Twitter account from the Securities and Exchange Commission (SEC) includes a quote from the 2002 song Without Me by rapper Eminem. Yes, indeed (see embedded filing below).

In the song, the rapper complains that "the FCC won't let me stay or stay, so let me see / They tried to shut me down." This is a reference to the 2002 penalty that the Federal Communications Commission imposed on a Colorado radio station for playing Eminem's 2000 song The Real Slim Shady (after a mass pearl catch, the FCC ultimately decided not to fine the radio station). Was. handed over.

In Tuesday's court filing, Musk's attorneys substituted "SEC" for "FCC" to make comparisons, noting that "the First Amendment requires that agencies proceed with caution when creating constitutional rights." Go on." At stake, do not try to advance any and all novel principles that expand their authority at the cost of individual liberty."

Tesla's CEO wants a judge to strike down a 2018 consent decree with the SEC, which requires his tweets to be reviewed by a lawyer before posting to Twitter, accusing the agency of conducting an "unreliable investigation." As part of an attempt to "cool down" her free speech. Her and Tesla's. Musk has said he felt pressured to settle with the SEC because the agency's actions "put the company's funding at risk." The SEC fined Musk and Tesla $20 million each, but Musk argued that the agency had not yet distributed the fine money to Tesla shareholders as the agreement required.

The SEC said it expects to plan to distribute the funds by the end of March in order to obtain court approval.

The consent decree came after Musk tweeted in August 2018 that he had the money to take Tesla private for $420 per share. Musk is also seeking to rescind an SEC subpoena, asking for details about whether he and Tesla have complied with the disclosure requirements of the 2018 decree. The agency is investigating another tweet from Musk from November 2021, where the CEO asked his Twitter followers if he should sell his 10 percent stake in Tesla.

The SEC did not immediately respond to a request for comment on Tuesday.

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