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Same. I thought there was no way he say such a stupid thing as "funding secured" without haven't it locked down precisely because I thought the SEC would easil
by mrep 8y ago
Same. I thought there was no way he say such a stupid thing as "funding secured" without haven't it locked down precisely because I thought the SEC would easily come after him if he lied about it.
Fortunately, my brother talked me out of it but I was seriously considering buying some.
- mikestew 8y agobecause I thought the SEC would easily come after him if he lied about it Which is exactly it. Folks here and elsewhere refer to it as "...obviously a joke". No, it's not so obvious, because if you joke about such things the SEC will nail your ass to the wall. And hence my consideration of purchase. Were the SEC not to follow through, well, what are they going to say when the next joker says, "j/k"? And so, apologists and Musk themselves are about to find out that they're fucking serious when they tell you not to make bomb jokes in the airport security line. And when your antics take 10% off your share price in one day, Musk'll start to lose some fans even, because this shareholder sure isn't the Musk fan he once was.
- jacquesm 8y agoFor me the turning point was when he joked Tesla was going bankrupt. It showed a complete misunderstanding of the role of the CEO in a public company as opposed to the CEO of a private company. You live in a glass house, that means you move with care and don't throw bricks around.