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What an asshole, and what a stupid thing to do. He has a responsibility to the company and not just his immense ego, and that responsibility is long term. Taunt
by UpshotKnothole 8y ago
What an asshole, and what a stupid thing to do. He has a responsibility to the company and not just his immense ego, and that responsibility is long term. Taunting the SEC while still under DOJ investigation and facing a number of lawsuits is reckless, obnoxious, counterproductive, and borderline sociopathic.
- everybodyknows 8y agoNote the bit about agreeing to nominate two independent directors to replace himself: >Musk's settlement with the SEC requires him to give up his position as chairman of Tesla's board for three years. >Tesla will also be required to appoint two additional board members who are independent of Elon Musk Prediction: Next crisis comes when, after maximum stalling, he nominates weak shills. Ball back to the SEC.
- autokad 8y agowell, after a tweet that costed that much money, i would probably never tweet again if I were him. however, it was a naughty by nature youtube link, so I guess that is rather harmless
- toomuchtodo 8y agoThe fine was roughly 0.1% of his net worth. Seems negligible, from a relative perspective.
- tuesdayrain 8y agoHe probably sees his net worth fluctuate more than that every day purely due to investments.
- UpshotKnothole 8y agoYeah, being booted off the board, required to install two independent board members, and facing a criminal investigation are probably the bigger deals than the cash.
- deleted 8y ago[deleted]
- scythe 8y agoI think that Musk's "taunt" is exaggerated. It can easily be read as a way of reinforcing his personal "brand" contra his apparent genuflection to the SEC. (And if Musk's reputation is so important to Tesla as some believe, it makes sense.)