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If it turns out this tweet about Tesla share price is legitimately from Elon Musk, yikes the SEC will eat him up for sure.
by josephagoss 6y ago
If it turns out this tweet about Tesla share price is legitimately from Elon Musk, yikes the SEC will eat him up for sure.
- Bang2Bay 6y agohe has done it before s well. SEC did not go behind him then.
- josephagoss 6y agoFrom memory SEC fined Musk and Tesla and Musk tried playing hardball with them and the SEC immediately doubled the fine. They were willing to start an escalation and Musk finally backed down. Sounded to me like he was not in a strong position last time and another blatant violation is unlikely to be an easy walk in the park. The share price has immediately moved, this is just reckless behaviour.