Tesla (TSLA) CEO Elon Musk is under additional pressure from the U.S. and EU over his recently-finalized ownership of Twitter (TWTR), as regulatory authorities seek to grapple with the billionaire’s efforts to transform the platform into a freewheeling haven of free speech, the Financial Times’ Javier Espinoza, James Politi, Cristina Criddle, and Hannah Murphy report. The European Commission threated Musk with a ban unless the social network abides by strict content moderation laws, as U.S. Treasury Secretary Janet Yelllen suggested that the Biden administration was examining his purchase of the company, the authors note. Reference Link
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on TSLA: