3 ms·

But this is only because everywhere, everything is securities fraud https://www.bloomberg.com/opinion/articles/2019-06-26/everything-everywhere-is-securities-f

But this is only because everywhere, everything is securities fraud https://www.bloomberg.com/opinion/articles/2019-06-26/everything-everywhere-is-securities-fraud https://www.bloomberg.com/opinion/articles/2019-06-26/everyt... It also does not make sense to do this kind of fraud, as Tesla stock will surely tank on the news of it being used as a collateral in an acquisition deal.

nazka 4y ago
I knew it had to be Matt Levine :)
ycombobreaker 4y ago
Nah, the "everything is securities fraud" trope is qbout some (usually immoral) behavior that a shareholder argues would materially affect the stock price, and which was not disclosed to shareholders. Elon Musk announcing some M&A news with the intent of effecting price changes in TWTR,TSLA securies would be pretty boring, vanilla securities fraud.
- themitigating 4y ago
  That depends on the amount especially since he's already been caught doing this when he claimed he would take Tesla private