3 ms·

I'm quite doubtful this suit will succeed. To succeed the SEC would need to prove intent to disrupt the market. You can certainly show that he had a reason to a

I'm quite doubtful this suit will succeed. To succeed the SEC would need to prove intent to disrupt the market. You can certainly show that he had a reason to attack short sellers, but he also has a long history of communicating in exactly that manner. He probably also has plenty of evidence of meetings that justify the statement. If that assumption is correct, given his historical use of this medium of communication, I can't see how you prove intent.

branchless 8y ago
How is this the top comment when it says it was made "0 minutes ago"? When there are 550+?
hn_throwaway_99 8y ago
> He probably also has plenty of evidence of meetings that justify the statement. By Musk's own description I don't see how any reasonable human being could interpret the meetings he said he had with the Saudis as meaning "funding secured". The verbal gymnastics he tried to use when explaining his tweet in saying "I knew we could get a deal" made me think "Come on Elon, I don't even think you believe the bullshit you're peddling."