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"Funding secured." It wasn't. https://twitter.com/elonmusk/status/1026872652290379776 https://twitter.com/elonmusk/status/1026872652290379776 https://www.busin

"Funding secured." It wasn't. https://twitter.com/elonmusk/status/1026872652290379776 https://twitter.com/elonmusk/status/1026872652290379776 https://www.businessinsider.com/teslas-elon-musk-settles-with-sec-must-step-down-as-chairman-2018-9?utm_source=markets&utm_medium=ingest https://www.businessinsider.com/teslas-elon-musk-settles-wit...

loceng 8y ago
First, nothing was proven - it wasn't proven a lie - them (Elon and company) not admitting to guilt and SEC making allegations isn't the same thing as a proven lie, and that puts a lot of doubt as to whether that could be considered a lie, or if the SEC could even prove it; essentially there would have been some short sellers that were pissed and putting pressure on the SEC, so the SEC responded and then both sides settled quickly - because $40mm is relatively nothing (it's like a $40 parking ticket for most of us) and likely not worth their or their attorneys' time and attention. Question for you. Do you have good credit where you could go to a bank and get a credit card, if you don't already have one? That bank would have access to your credit score, and you probably know based on your credit score what amount of credit you'd be able to secure, right? I could have used a different word than secure, however secure fits for this example. It's reasonable to believe similarly that the people who he had spoken to multiple times (and who we know have the available capital to invest) - who he trusted and whom trusted him - could have said they would provide whatever money necessary to take Tesla private. There's no proof contrary to that - and if there was proof of this then the SEC could have extracted a shitload more money than $40mm for the losses some short sellers would have had. Or we could just reference an article that doesn't have any proof (even though you're referencing it as proof) and pretend it's proof. So, so far you're not shown Elon has lied at all - and it's probably safe to say Trump lies daily about something - or more safely to say 90% of days he lies.

loceng 8y ago

First, nothing was proven - it wasn't proven a lie - them (Elon and company) not admitting to guilt and SEC making allegations isn't the same thing as a proven lie, and that puts a lot of doubt as to whether that could be considered a lie, or if the SEC could even prove it; essentially there would have been some short sellers that were pissed and putting pressure on the SEC, so the SEC responded and then both sides settled quickly - because $40mm is relatively nothing (it's like a $40 parking ticket for most of us) and likely not worth their or their attorneys' time and attention. Question for you. Do you have good credit where you could go to a bank and get a credit card, if you don't already have one? That bank would have access to your credit score, and you probably know based on your credit score what amount of credit you'd be able to secure, right? I could have used a different word than secure, however secure fits for this example. It's reasonable to believe similarly that the people who he had spoken to multiple times (and who we know have the available capital to invest) - who he trusted and whom trusted him - could have said they would provide whatever money necessary to take Tesla private. There's no proof contrary to that - and if there was proof of this then the SEC could have extracted a shitload more money than $40mm for the losses some short sellers would have had. Or we could just reference an article that doesn't have any proof (even though you're referencing it as proof) and pretend it's proof. So, so far you're not shown Elon has lied at all - and it's probably safe to say Trump lies daily about something - or more safely to say 90% of days he lies.