"Elon Musk Ordered to Testify Again in SEC's Twitter Probe, Thousands of New Documents Revealed"

A federal court in California is enforcing a subpoena for Elon Musk to testify before the SEC regarding potential violations of federal securities laws in connection with his purchase of Twitter, after Musk's refusal to appear. The SEC has received "thousands of new documents" and wants to ask Musk about new information. Musk refutes the grounds for the SEC's investigation, claiming it seeks irrelevant information, and contends that the subpoena exceeds the SEC's authority, but the court denied this, saying the subpoena is authorized by the Exchange Act.