Musk Wins Appeal Over Tweet He Had to Delete About Union Push
Published On Oct 25, 2024, 9:41 PM
A federal appeals court ruled in favor of Elon Musk, deciding that his 2018 Twitter post about unionization at Tesla is protected speech. This ruling overturned an earlier decision by the National Labor Relations Board, which claimed that Musk had illegally threatened workers' stock options if they chose to unionize. The court sent the case back to the labor board to reassess the firing of a Tesla employee involved in union efforts, stating that the board had not properly considered the motives behind the decision to terminate him.
Stock Forecasts
TSLA
Positive
The ruling may lessen regulatory scrutiny on Tesla and improve investor sentiment regarding labor relations, potentially leading to positive movement in Tesla's stock price.
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