(Alain Jocard/AFP via Getty Images)A federal appeals court on Friday said it will reconsider its recent decision that Tesla Chief Executive Elon Musk violated federal labor law by posting on Twitter that employees would lose stock options if they joined a union. Circuit Court of Appeals in New Orleans granted Tesla’s request to revisit the case “en banc,” meaning that its 16 active judges will take part. Mr. Musk issued the tweet as the United Auto Workers sought to organize employees at Tesla’s plant in Fremont, California. Mr. Musk did not, and he and Tesla each paid $20 million civil fines to settle a subsequent U.S. Securities and Exchange Commission lawsuit. Mr. Musk’s $236.4 billion fortune makes him the world’s second-richest person, according to Forbes magazine.

Source: Forbes July 23, 2023 05:08 UTC