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This is a serious deal. The rest of the year is going to be a real test for Tesla! It'll be real interesting to see if they can rebound from this. I wonder if

This is a serious deal. The rest of the year is going to be a real test for Tesla! It'll be real interesting to see if they can rebound from this. I wonder if the Tesla board is thinking of doing an Uber and replace Musk with a more calmer executive! Wouldn't be surprised if he gets fired after this.

twblalock 8y ago
> I wonder if the Tesla board is thinking of doing an Uber and replace Musk with a more calmer executive! Wouldn't be surprised if he gets fired after this. I would be. They have stood by him so far, this isn't going to push them over the edge. Besides, who would they replace him with? If the SEC fines him, he'll pay the fine and get on with his life.
- quirkot 8y ago
  Unless they ban him from being an executive at a publicly traded company
  - dmitrygr 8y ago
    Ooh. Ooh. I know! They'll go private and thus not be a public company... I heard funding for that was secured
  - londons_explore 8y ago
    Couldn't he assign the janitor to be the official 'CEO', but then give himself title of 'Visionary' and still make all the decisions?
    - jonknee 8y ago
      The SEC would not find this amusing.
      - blotter_paper 8y ago
        Putin would!
        dang 8y ago
        Please don't do this here.
    - MPSimmons 8y ago
      Part of being a visionary CEO is making choices that other people don't like, and sticking with them. As a janitor, you can suggest all you want, but unless you're on the Board, you can't force things through (unless you rely on backchannel bribery or coercion or other unsavory means).
      - dragontamer 8y ago
        Musk is also on the board. But the SEC is also seeking to remove him from the board of any public company. So he'd lose his chair and the CEO position in this single case.
- jacquesm 8y ago
  > If the SEC fines him, he'll pay the fine and get on with his life. There are other options on the menu: jail time.
  - webXL 8y ago
    This is a civil case, but the DOJ is investigating as well, so you might be right.

twblalock 8y ago

> I wonder if the Tesla board is thinking of doing an Uber and replace Musk with a more calmer executive! Wouldn't be surprised if he gets fired after this. I would be. They have stood by him so far, this isn't going to push them over the edge. Besides, who would they replace him with? If the SEC fines him, he'll pay the fine and get on with his life.

quirkot 8y ago
Unless they ban him from being an executive at a publicly traded company
- dmitrygr 8y ago
  Ooh. Ooh. I know! They'll go private and thus not be a public company... I heard funding for that was secured
- londons_explore 8y ago
  Couldn't he assign the janitor to be the official 'CEO', but then give himself title of 'Visionary' and still make all the decisions?
  - jonknee 8y ago
    The SEC would not find this amusing.
    - blotter_paper 8y ago
      Putin would!
      - dang 8y ago
        Please don't do this here.
  - MPSimmons 8y ago
    Part of being a visionary CEO is making choices that other people don't like, and sticking with them. As a janitor, you can suggest all you want, but unless you're on the Board, you can't force things through (unless you rely on backchannel bribery or coercion or other unsavory means).
    - dragontamer 8y ago
      Musk is also on the board. But the SEC is also seeking to remove him from the board of any public company. So he'd lose his chair and the CEO position in this single case.
jacquesm 8y ago
> If the SEC fines him, he'll pay the fine and get on with his life. There are other options on the menu: jail time.
- webXL 8y ago
  This is a civil case, but the DOJ is investigating as well, so you might be right.