"Elon Musk Ordered to Testify in SEC's Twitter Takeover Investigation"

A federal court has ordered Elon Musk to comply with a subpoena from the Securities and Exchange Commission (SEC) as part of an investigation into his 2022 Twitter stock purchases and related statements. The court rejected Musk's claims of harassment and exceeding authority, stating that the SEC has broad authority to issue subpoenas and that minimal relevance is needed to enforce it. Musk's argument on SEC authority was also rejected, and the court ordered the SEC and Musk to settle on a date and location for the testimony within one week.