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I just can't take the accusation of lying to increase stock price seriously because Elon has on occasion come right out and said the stock is overvalued https:/
by terminalshort 1y ago
I just can't take the accusation of lying to increase stock price seriously because Elon has on occasion come right out and said the stock is overvalued https://x.com/elonmusk/status/1256239815256797184 https://x.com/elonmusk/status/1256239815256797184
You will basically never hear another CEO of another publicly traded company say this. I just don't believe that the same person who cares so little about his stock price that he sends a tweet like that (and the stock dropped 10% on it) also is making fraudulent statements to inflate the price. A better explanation is that he just says what he thinks without regard for the stock price, which is also something you won't see any other CEO of a publicly traded company do.