3 ms·
> Remember that Elon agreed to have his tweets reviewed by Tesla's in-house counsel in lieu of formal SEC action after he lied about taking the company private.
by dntbnmpls 6y ago
> Remember that Elon agreed to have his tweets reviewed by Tesla's in-house counsel in lieu of formal SEC action after he lied about taking the company private.
He said he could've taken it private at $420. Tesla is trading over $800 today. So he probably wasn't lying.
> Something legal would never allow him to say, especially if he is on the verge of exercising options.
If he were exercising his options, he wouldn't want the share prices to drop.
> My bet is the SEC isn't going to tolerate this behavior anymore, and he won't be at the helm of any of his companies by the end of the year. He will be just plain poor.
People like you have been saying this for years. I remember the haters/journalists/etc claiming tesla was going to go bankrupt, SEC was going to remove musk, the "pedo guy" was going to ruin Musk, etc.
If you want a good laugh read the article and the comments. It's amazing how little journalists know about anything and how wrong online commenters tend to be.
"Is Elon Musk trying to commit ‘suicide by SEC’ by taunting the agency?"
https://news.ycombinator.com/item?id=19259911 https://news.ycombinator.com/item?id=19259911
There are dozens more if you feel like searching.