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You’re allowed to insult the government. You’re not allowed to lie to the government when filing substantive documents.

• next_xibalba 5y ago
  What is the substantive effect on the public (aka "investors") if this value in this field on this form was incorrect? This is a tempest in a teapot. People who don't like Musk are pointing to it and saying, "See? SEE!? He is a liar. He is bad." But the reality is, this doesn't actually hurt anyone and its not really a big deal at all. But let's take the least charitable interpretation and play it out: Musk filled out the form himself. He intentionally with malice aforethought lied. The day after the SEC form becomes public, he takes a board seat. What is the material damage done to the public? Twitter shareholders got a huge 2-day pop. That would have happened regardless of Elon's intent.
  • deleted 5y ago
    [deleted]