SEC forces Elon Musk to resign as Tesla Chairman

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Tesla CEO Elon Musk will step down as chairman of the electric car company. He will pay a $20 million fine under a settlement reached with the U.S Securities and Exchange Commission (SEC). Musk will remain CEO and keeps a seat on the board.

Musk will resign as chairman of the Tesla board within 45 days. He will not seek reelection or accept an appointment as chairman for three years.

Musk doesn’t have to admit or deny the SEC’s allegations as part of the agreement.

This was caused by Elon tweeting out in August that he was thinking about taking Telsa private at $420.

There had been discussions and a claimed verbal offer of a buyout of Tesla by Saudi Arabia. Saudi Arabia had bought about 5% of Tesla.

Musk met with representatives of the Saudi Arabia’s sovereign wealth fund three or four times beginning in January 2017.

The fund did expressed a verbal desire to make a big investment in Tesla and establish a production facility in the Middle East.

Musk met with the fund’s lead representative on July 31, 2018. This is when he learns the fund has acquired almost 5 percent of Tesla’s common stock. The representative expresses interest in taking Tesla private and asks about establishing a production facility in the Middle East. Musk said he was open to the idea, but did not make a commitment. The representative did tell Musk that as long as the terms were “reasonable,” the fund would be fine with them.

Musk did not communicate with representatives of the fund again about a going-private transaction until August 10, three days after his August 7 statements.

Musk was talking to the Tesla board about an offer to take Tesla private as early as August 2 when he sent to Tesla’s board of directors, chief financial officer and general counsel an email with the subject, “Offer to Take Tesla Private at $420.”

The email laid out his reasons for wanting to take Tesla private. Elon thought constant defamatory attacks by the short-selling community would resul in great harm to Tesla’s valuable brand.

Saudi Arabia chose not complete the deal and left Elon and Tesla hanging.

Clearly it was a mistake for Elon to trust Saudi Arabia verbal statements and should not have expected more was happening before more commitment was made.

Elon will likely be restricted in his of twitter in regards to Tesla.

139 thoughts on “SEC forces Elon Musk to resign as Tesla Chairman”

  2. He was taught to bark every time Musks name is mentioned. This is typical for the fools that read Seeking Alpha, American Thinker, Rush Limbaugh. They are also fervent Global warming deniers and think that anything for the average Joe from the government is bad. ETC ETC They hold theses brain washed “facts” to be self evident and you cannot discuss this with them. They have swallowed that bait and cannot mentally conceive they are the real fools.

  3. Well, it could have been worse. a lot lot worse. I am not a complete elon musk fan, but he sure as hell is shaking up the status quo in a way that we desperately need. At least he can still shape tesla and its path to scalability. vr (ps – btw what is up with that ‘ape’ guy, he seems to have a pathological hatred for musk. did elon stuff him into a locker when he was a kid or something?)

  7. He was taught to bark every time Musks name is mentioned. This is typical for the fools that read Seeking Alpha American Thinker Rush Limbaugh. They are also fervent Global warming deniers and think that anything for the average Joe from the government is bad. ETC ETC They hold theses brain washed facts”” to be self evident and you cannot discuss this with them. They have swallowed that bait and cannot mentally conceive they are the real fools.”””

  8. Well it could have been worse. a lot lot worse.I am not a complete elon musk fan but he sure as hell is shaking up the status quo in a way that we desperately need. At least he can still shape tesla and its path to scalability.vr(ps – btw what is up with that ‘ape’ guy he seems to have a pathological hatred for musk. did elon stuff him into a locker when he was a kid or something?)

  14. Well nobody likes to pull that from his pocket and give to someone. Actually, I think it is 40mill, 20 from him personally and 20 from tesla company.

  15. Slap on the wrist. Elon should be quieter about his substance use or the next intrusion of big brother into his private universe might be a court order to attend anonymous meetings – awkward.

  18. Yes it was a slap on the wrist. I just hope he learned his lesson”” from this”””” but I have my doubts…”””

  19. Well nobody likes to pull that from his pocket and give to someone. Actually I think it is 40mill 20 from him personally and 20 from tesla company.

  20. Slap on the wrist. Elon should be quieter about his substance use or the next intrusion of big brother into his private universe might be a court order to attend anonymous meetings – awkward.

  22. I have a source inside the gigafactory, and he’s not telling me positive things about the battery manufacture end of things. A lot of dangerous, (In a QC sense) shortcuts being taken.

  26. I have a source inside the gigafactory and he’s not telling me positive things about the battery manufacture end of things. A lot of dangerous (In a QC sense) shortcuts being taken.

  29. Ok, first you say that I am not responsible for other people’s interpretations. First of, ‘interpretation’ isn’t accurate. ‘Making sh!t up in their heads’

  30. Ok first you say that I am not responsible for other people’s interpretations. First of ‘interpretation’ isn’t accurate.’Making sh!t up in their heads’

  31. I’ll concede that you’re not responsible for people’s interpretations. Just saying some misinterpretations can be avoided by better phrasing, or at least clarification afterwards. Anyway, there’s one thing I’m still curious about, which you haven’t clarified. Why /do/ you spend so much time arguing etc with these “Musk Fluffers”? If it’s not hatred for Musk as they assume (and I admit that possibility has crossed my mind too), then what is your motivation?

  32. I’ll concede that you’re not responsible for people’s interpretations. Just saying some misinterpretations can be avoided by better phrasing or at least clarification afterwards.Anyway there’s one thing I’m still curious about which you haven’t clarified. Why /do/ you spend so much time arguing etc with these Musk Fluffers””? If it’s not hatred for Musk as they assume (and I admit that possibility has crossed my mind too)”””” then what is your motivation?”””

  33. Different mental context, reading between the lines” No. Different mental context, inventing sh!t up between the lines. And I was right. I called that the SEC would a) investigate Musk and b) probably go after him as a result. DoJ was a surprise, but not unexpected. There is no ‘reading between the lines’ in any of that. I was clear in what I said and why. For stating that, I was attacked. Accused of hating Musk (which the Musk Fluffers did anyway whenever tough questions were asked about Tesla by me or others)., etc. etc. And I have been proven right. Again (I did the same with the Peak Oiltards and SDC Utopians here on NBF before, over the years). Where is actual factual evidence fall into ‘different mental context…reading between the lines’? Nowhere except for those who can’t handle reality. “And I was implying that he could spend some more effort to explain himself better” What the hell is that about? I explain myself just fine. As I am doing now. Or are you confused by what I am telling you now? 🙂 Here. Let me try to be as clear as possible: YES, I take FULL ADVANTAGE of the poor reading comprehension skills of many on here. It’s like taking candy from a baby. No, it is not my fault they have such poor reading comprehension skills. This ESPECIALLY holds true by Kool-Aid drinking fools who by their very nature do not hold a rational hold on reality, especially. More so because they make a VOLUNTARY CHOICE not to. Those folks presently in my sights are the Musk Fluffers. They are the Peak Oiltards and SDC Utopians reincarnated, except perhaps with more….passion? Nah…the SDC Utopians were just as much as the Musk Fluffers, now that I think back on it. If I say anything critical of Musk, they take that as an attack on their cult leader and on themselves and go bat-sh!t crazy. I made dâmn sure I didn’t write anything attacking him. I’ve even praised and or said something in support of him from time to time, as well. And this beh

  34. Different mental context” reading between the lines””No. Different mental context”” inventing sh!t up between the lines.And I was right. I called that the SEC would a) investigate Musk and b) probably go after him as a result. DoJ was a surprise but not unexpected.There is no ‘reading between the lines’ in any of that. I was clear in what I said and why.For stating that I was attacked. Accused of hating Musk (which the Musk Fluffers did anyway whenever tough questions were asked about Tesla by me or others). etc. etc.And I have been proven right. Again (I did the same with the Peak Oiltards and SDC Utopians here on NBF before”” over the years). Where is actual factual evidence fall into ‘different mental context…reading between the lines’? Nowhere except for those who can’t handle reality.””””And I was implying that he could spend some more effort to explain himself better””””What the hell is that about? I explain myself just fine. As I am doing now. Or are you confused by what I am telling you now? :)Here. Let me try to be as clear as possible: YES”” I take FULL ADVANTAGE of the poor reading comprehension skills of many on here. It’s like taking candy from a baby. No it is not my fault they have such poor reading comprehension skills. This ESPECIALLY holds true by Kool-Aid drinking fools who by their very nature do not hold a rational hold on reality especially. More so because they make a VOLUNTARY CHOICE not to. Those folks presently in my sights are the Musk Fluffers. They are the Peak Oiltards and SDC Utopians reincarnated except perhaps with more….passion? Nah…the SDC Utopians were just as much as the Musk Fluffers now that I think back on it.If I say anything critical of Musk they take that as an attack on their cult leader and on themselves and go bat-sh!t crazy. I made dâmn sure I didn’t write anything attacking him. I’ve even praised and or said something in support of him from time to time”

  35. Just like I won against the Peak Oiltards and SDC Utopians on NBF before that. And in each case…as also in the case of the Musk Fluffers today…they all exhibited the same patterns. I’ve seen it all. It’s soo easy now. Like shooting ducks in the water. And just like I will win with the Global Warming Fraud Useful Idiot crowd, too. But that will take another decade, I admit.

  36. Just like I won against the Peak Oiltards and SDC Utopians on NBF before that. And in each case…as also in the case of the Musk Fluffers today…they all exhibited the same patterns. I’ve seen it all. It’s soo easy now. Like shooting ducks in the water.And just like I will win with the Global Warming Fraud Useful Idiot crowd too. But that will take another decade I admit.

  37. However, people often read between the lines, and your hatred for “Musk Fluffers”, as you call them, can easily be interpreted as (motivated by) a hatred for Musk” Translation: People INVENT SH!T UP between the lines. Specifically, the Musk Fluffers I am making no bones about going after the stupidity thereof. ” It’s not a matter of poor reading comprehension, but of mental context – something which you seem to ignore very often in your arguments, at least when it’s convenient for you.” Yes it is a matter of reading comprehension. What BS people mentally imagine I say in lieu of me actually saying it is an exercise in poor reading comprehension skills. In other words, not only is it enough to pay attention to what is written in order to have good reading comprehension skills, but it is even more important to exercise the discipline to not invent things to ‘fill in the blanks’ or otherwise to fit one’s imaginary bias that defies the reality of what was actually said/not said. And yes, I take full advantage of those who can’t do that. Open season.

  38. However people often read between the lines” and your hatred for “”Musk Fluffers”””””” as you call them”” can easily be interpreted as (motivated by) a hatred for Musk””””Translation: People INVENT SH!T UP between the lines. Specifically”””” the Musk Fluffers I am making no bones about going after the stupidity thereof.”””” It’s not a matter of poor reading comprehension”” but of mental context – something which you seem to ignore very often in your arguments”” at least when it’s convenient for you.””””Yes it is a matter of reading comprehension. What BS people mentally imagine I say in lieu of me actually saying it is an exercise in poor reading comprehension skills. In other words”” not only is it enough to pay attention to what is written in order to have good reading comprehension skills but it is even more important to exercise the discipline to not invent things to ‘fill in the blanks’ or otherwise to fit one’s imaginary bias that defies the reality of what was actually said/not said.And yes”” I take full advantage of those who can’t do that. Open season.”””

  39. I have to concede that Warren was right this time. ” And THIS is what really pisses off the Musk Fluffers…especially the Tom Perkins Luca Fake Account, who repeatedly said I was full of it and I was even lying. Now he avoids that and just moves to another goal post to troll from.

  40. I have to concede that Warren was right this time. “”And THIS is what really pisses off the Musk Fluffers…especially the Tom Perkins Luca Fake Account”””” who repeatedly said I was full of it and I was even lying. Now he avoids that and just moves to another goal post to troll from.”””

  45. Yes I imagine a lot of people would like to seem him fail. It makes it all the more surprising that he ended up being the one doing the damage. He has to grow up, stick his head down and just get the job done. Too much is at stake.

  46. Yes I imagine a lot of people would like to seem him fail. It makes it all the more surprising that he ended up being the one doing the damage. He has to grow up stick his head down and just get the job done. Too much is at stake.

  47. See? This demonstrates exactly what I was talking about. Different mental context, reading between the lines. To clarify, I was critiquing his assumption about people’s reading comprehension, and his and arguing technique, not his other claims nor his intelligence. And I was implying that he could spend some more effort to explain himself better (though I’m pretty sure he doesn’t care enough to bother). To be fair, as we can see here, my explanation skills aren’t perfect either. Btw, I really don’t care who won this particular “round”. My critique was more general. But if I must take a side, I agree he was right about the SEC situation.

  48. See? This demonstrates exactly what I was talking about. Different mental context reading between the lines. To clarify I was critiquing his assumption about people’s reading comprehension and his and arguing technique not his other claims nor his intelligence. And I was implying that he could spend some more effort to explain himself better (though I’m pretty sure he doesn’t care enough to bother). To be fair as we can see here my explanation skills aren’t perfect either.Btw I really don’t care who won this particular round””. My critique was more general. But if I must take a side”””” I agree he was right about the SEC situation.”””

  49. Ok, first you say that I am not responsible for other people’s interpretations. First of, ‘interpretation’ isn’t accurate.

    ‘Making sh!t up in their heads’ <- is not 'interpreting'. It is simply 'Making sh!t up in their heads'. i.e. Gestalt psychological theory in action. Either way, you grant that I am not responsible for it. Which means I am not responsible for avoiding it (on their part), either. Especially since I have been very clear in what I DO say. (Remember: Their main prob is imagining things up to fill in the blanks in response to what I DON'T say) "Why /do/ you spend so much time arguing etc with these "Musk Fluffers"? If it's not hatred for Musk as they assume (and I admit that possibility has crossed my mind too), then what is your motivation?" To expose mass stupidity when I see it. Especially when it simply will not go away all on its own. Which is the case here, on NBF. As it was for the Peak Oiltard Crowd and the SDC Utopians before this current crop of clowns. And they are fair game, too. And, I admit..it is fun! 🙂 I even have one of them -- Tommy Perkins aka Luka Mazzi aka Matteo Martini -- using photoshop to produce fake posts of 'mine', now. I mean...none of the Peak Oiltards and SDC Utopians ever went to that sort of extremes. But it was only a matter of time for this to happen. Funny as hell.

  50. I’ll concede that you’re not responsible for people’s interpretations. Just saying some misinterpretations can be avoided by better phrasing, or at least clarification afterwards.

    Anyway, there’s one thing I’m still curious about, which you haven’t clarified. Why /do/ you spend so much time arguing etc with these “Musk Fluffers”? If it’s not hatred for Musk as they assume (and I admit that possibility has crossed my mind too), then what is your motivation?

  51. Given the number of major powers that Elon has badly damaged, or at least scared, over the years*, there was probably a lot of “hits” out on him. The first time he got sloppy (in a legal sense) they brought the hammer down. He might just pull his head in until he’s safely out of reach. *Banks and credit card companies with his Paypal, car companies with Tesla, aerospace, unions, telecommunications companies… the list goes on. A LOT of enemies with lots of resources.

  52. Given the number of major powers that Elon has badly damaged or at least scared over the years* there was probably a lot of hits”” out on him.The first time he got sloppy (in a legal sense) they brought the hammer down.He might just pull his head in until he’s safely out of reach.*Banks and credit card companies with his Paypal”” car companies with Tesla aerospace unions”” telecommunications companies… the list goes on. A LOT of enemies with lots of resources.”””

  53. So Warren was right. People misinterpret him to be saying something other than what he was saying. And this proves Warren stupid? Nah. Warren won this round and you can’t spin it otherwise. Walk away and pick another battle.

  54. So Warren was right. People misinterpret him to be saying something other than what he was saying. And this proves Warren stupid?Nah. Warren won this round and you can’t spin it otherwise. Walk away and pick another battle.

  55. I have to concede that Warren was right this time. (Well it isn’t much of a concession on my part because I kept my mouth shut as I have no idea about US security law.)

  56. I have to concede that Warren was right this time. (Well it isn’t much of a concession on my part because I kept my mouth shut as I have no idea about US security law.)

  57. ” Different mental context, reading between the lines”

    No. Different mental context, inventing sh!t up between the lines.

    And I was right. I called that the SEC would a) investigate Musk and b) probably go after him as a result. DoJ was a surprise, but not unexpected.

    There is no ‘reading between the lines’ in any of that. I was clear in what I said and why.

    For stating that, I was attacked. Accused of hating Musk (which the Musk Fluffers did anyway whenever tough questions were asked about Tesla by me or others)., etc. etc.

    And I have been proven right. Again (I did the same with the Peak Oiltards and SDC Utopians here on NBF before, over the years). Where is actual factual evidence fall into ‘different mental context…reading between the lines’? Nowhere except for those who can’t handle reality.

    “And I was implying that he could spend some more effort to explain himself better”

    What the hell is that about? I explain myself just fine. As I am doing now. Or are you confused by what I am telling you now? 🙂

    Here. Let me try to be as clear as possible: YES, I take FULL ADVANTAGE of the poor reading comprehension skills of many on here. It’s like taking candy from a baby. No, it is not my fault they have such poor reading comprehension skills. This ESPECIALLY holds true by Kool-Aid drinking fools who by their very nature do not hold a rational hold on reality, especially. More so because they make a VOLUNTARY CHOICE not to.

    Those folks presently in my sights are the Musk Fluffers. They are the Peak Oiltards and SDC Utopians reincarnated, except perhaps with more….passion? Nah…the SDC Utopians were just as much as the Musk Fluffers, now that I think back on it.

    If I say anything critical of Musk, they take that as an attack on their cult leader and on themselves and go bat-sh!t crazy. I made dâmn sure I didn’t write anything attacking him. I’ve even praised and or said something in support of him from time to time, as well.

    And this behavior of theirs is not just directed at me. ANYONE on here they respond the same way. But that isn’t the same as me actually attacking Musk now, as you yourself admit. I made dâmn sure I didn’t write anything attacking him. I’ve even praised and or said something in support of him from time to time, as well.

    But I am really, really in their crosshairs right now because I committed the cardinal sins of a) not backing off from their bullying, b) calling out their bat-shIt crazy nutjobiness in the process and c)….oh yes C!

    c) I was proven RIGHT!

    Oh…C! That last one has them really p1ssed off. So much I bet some of them wish they knew where I lived so they could vandalize my house or something.

    And yes. I played them. Via their poor reading comprehension skills. Key word there is the possessive article THEIR.

    I am not responsible for them inventing wacky crâp up that I never actually wrote/said. Correct me if I am wrong, but you seem to think that I am.

  58. Just like I won against the Peak Oiltards and SDC Utopians on NBF before that. And in each case…as also in the case of the Musk Fluffers today…they all exhibited the same patterns. I’ve seen it all. It’s soo easy now. Like shooting ducks in the water.

    And just like I will win with the Global Warming Fraud Useful Idiot crowd, too. But that will take another decade, I admit.

  59. “However, people often read between the lines, and your hatred for “Musk Fluffers”, as you call them, can easily be interpreted as (motivated by) a hatred for Musk”

    Translation: People INVENT SH!T UP between the lines. Specifically, the Musk Fluffers I am making no bones about going after the stupidity thereof.

    ” It’s not a matter of poor reading comprehension, but of mental context – something which you seem to ignore very often in your arguments, at least when it’s convenient for you.”

    Yes it is a matter of reading comprehension. What BS people mentally imagine I say in lieu of me actually saying it is an exercise in poor reading comprehension skills. In other words, not only is it enough to pay attention to what is written in order to have good reading comprehension skills, but it is even more important to exercise the discipline to not invent things to ‘fill in the blanks’ or otherwise to fit one’s imaginary bias that defies the reality of what was actually said/not said.

    And yes, I take full advantage of those who can’t do that. Open season.

  60. “I have to concede that Warren was right this time. ”

    And THIS is what really pisses off the Musk Fluffers…especially the Tom Perkins Luca Fake Account, who repeatedly said I was full of it and I was even lying.

    Now he avoids that and just moves to another goal post to troll from.

  63. Yes I imagine a lot of people would like to seem him fail. It makes it all the more surprising that he ended up being the one doing the damage. He has to grow up, stick his head down and just get the job done. Too much is at stake.

  64. See? This demonstrates exactly what I was talking about. Different mental context, reading between the lines. To clarify, I was critiquing his assumption about people’s reading comprehension, and his and arguing technique, not his other claims nor his intelligence. And I was implying that he could spend some more effort to explain himself better (though I’m pretty sure he doesn’t care enough to bother). To be fair, as we can see here, my explanation skills aren’t perfect either.

    Btw, I really don’t care who won this particular “round”. My critique was more general. But if I must take a side, I agree he was right about the SEC situation.

  65. Given the number of major powers that Elon has badly damaged, or at least scared, over the years*, there was probably a lot of “hits” out on him.

    The first time he got sloppy (in a legal sense) they brought the hammer down.

    He might just pull his head in until he’s safely out of reach.

    *Banks and credit card companies with his Paypal, car companies with Tesla, aerospace, unions, telecommunications companies… the list goes on. A LOT of enemies with lots of resources.

  66. So Warren was right. People misinterpret him to be saying something other than what he was saying. And this proves Warren stupid?

    Nah. Warren won this round and you can’t spin it otherwise. Walk away and pick another battle.

  67. I have to concede that Warren was right this time.

    (Well it isn’t much of a concession on my part because I kept my mouth shut as I have no idea about US security law.)

  68. If your posts are taken at face value, indeed I don’t remember you attacking Musk directly. However, people often read between the lines, and your hatred for “Musk Fluffers”, as you call them, can easily be interpreted as (motivated by) a hatred for Musk. It’s not a matter of poor reading comprehension, but of mental context – something which you seem to ignore very often in your arguments, at least when it’s convenient for you. People’s mental context is rarely the same as yours. When you don’t take that into account, that’s a recipe for misunderstandings, regardless of reading comprehension. It takes a certain skill to explain yourself well. Btw, people who don’t read between the lines are *more* likely to have poor reading comprehension, because language is nuanced. The true, deeper meaning of a text is often more complex than its bare words.

  69. If your posts are taken at face value indeed I don’t remember you attacking Musk directly. However people often read between the lines and your hatred for Musk Fluffers””” as you call them can easily be interpreted as (motivated by) a hatred for Musk. It’s not a matter of poor reading comprehension but of mental context – something which you seem to ignore very often in your arguments at least when it’s convenient for you.People’s mental context is rarely the same as yours. When you don’t take that into account that’s a recipe for misunderstandings regardless of reading comprehension. It takes a certain skill to explain yourself well.Btw people who don’t read between the lines are *more* likely to have poor reading comprehension because language is nuanced. The true”” deeper meaning of a text is often more complex than its bare words.”””

  70. Of course. Now, watch the enraged Musk Fluffers attack you for saying this. Oh wait…one already has. And you still get ‘upset’ when I use that term?

  71. Of course.Now watch the enraged Musk Fluffers attack you for saying this. Oh wait…one already has.And you still get ‘upset’ when I use that term?

  72. I read none of those. And once again, you prove your Musk Fluffer bonafides by attacking me (the messenger) whenever something is brought up about your God of Securities Fraud that goes against your belief of him.

  73. I read none of those.And once again you prove your Musk Fluffer bonafides by attacking me (the messenger) whenever something is brought up about your God of Securities Fraud that goes against your belief of him.

  74. Describe how I have this ‘pathological hatred’ for Musk when I expressed nothing that would give anyone with decent reading comprehension skills that impression? I have attacked his Cult of Kool-Aid drinking advocates, yes. Not Musk. Learn to read.

  75. Describe how I have this ‘pathological hatred’ for Musk when I expressed nothing that would give anyone with decent reading comprehension skills that impression?I have attacked his Cult of Kool-Aid drinking advocates yes. Not Musk.Learn to read.

  76. No. The new Chairman has to be independently selected. Along with two new Board members. Musk will be answerable to the Chairman on a day to day basis, effectively.

  77. No. The new Chairman has to be independently selected. Along with two new Board members.Musk will be answerable to the Chairman on a day to day basis effectively.

  78. Now THAT is a rather constructive suggestion, Mark. Thing is, it makes too much sense or he wouldn’t have been forced into this by an outside regulator. Like Nicola Tesla, Musk appears to have an ‘unstable’ side to him. Hopefully not as bad as Nicola had it (and it got worse for Nicola as he aged), but still..enough for there to be valid comparison. But thanks to the SEC, Musk will soon have an actual boss as the new Chairman has to be an independently selected one…as do two new Board members. Hopefully they will reign Musk in and start asking the hard questions the Musk fluffers on the current Board refuse to do so.

  79. Now THAT is a rather constructive suggestion Mark.Thing is it makes too much sense or he wouldn’t have been forced into this by an outside regulator. Like Nicola Tesla Musk appears to have an ‘unstable’ side to him. Hopefully not as bad as Nicola had it (and it got worse for Nicola as he aged) but still..enough for there to be valid comparison.But thanks to the SEC Musk will soon have an actual boss as the new Chairman has to be an independently selected one…as do two new Board members.Hopefully they will reign Musk in and start asking the hard questions the Musk fluffers on the current Board refuse to do so.

  80. Sucks to be a Musk Fluffer! But this is great for Tesla shareholders. BTW, this was the deal they offered him from the get go, yet he arrogantly turned it down. Then after the SEC declared that they meant to throw the entire kitchen sink at him, he caved. And by caving, he’s de facto admitting to their charges. He should have taken the deal the first time. Now, his Kool-Aid drinking fluffers have to endure posts like mine from here to eternity. Oh…and there’s the DoJ investigation, kiddies! Don’t forget that.

  81. Sucks to be a Musk Fluffer! But this is great for Tesla shareholders.BTW this was the deal they offered him from the get go yet he arrogantly turned it down. Then after the SEC declared that they meant to throw the entire kitchen sink at him he caved.And by caving he’s de facto admitting to their charges. He should have taken the deal the first time. Now his Kool-Aid drinking fluffers have to endure posts like mine from here to eternity. Oh…and there’s the DoJ investigation kiddies! Don’t forget that.

  82. Prove it. There is no evidence in the real world of that being the case, and there would be. I believe your friend is ignorant or lying to you.

  83. Prove it. There is no evidence in the real world of that being the case and there would be.I believe your friend is ignorant or lying to you.

  86. If your posts are taken at face value, indeed I don’t remember you attacking Musk directly. However, people often read between the lines, and your hatred for “Musk Fluffers”, as you call them, can easily be interpreted as (motivated by) a hatred for Musk. It’s not a matter of poor reading comprehension, but of mental context – something which you seem to ignore very often in your arguments, at least when it’s convenient for you.

    People’s mental context is rarely the same as yours. When you don’t take that into account, that’s a recipe for misunderstandings, regardless of reading comprehension. It takes a certain skill to explain yourself well.

    Btw, people who don’t read between the lines are *more* likely to have poor reading comprehension, because language is nuanced. The true, deeper meaning of a text is often more complex than its bare words.

  88. I read none of those.

    And once again, you prove your Musk Fluffer bonafides by attacking me (the messenger) whenever something is brought up about your God of Securities Fraud that goes against your belief of him.

  89. Describe how I have this ‘pathological hatred’ for Musk when I expressed nothing that would give anyone with decent reading comprehension skills that impression?

    I have attacked his Cult of Kool-Aid drinking advocates, yes. Not Musk.

    Learn to read.

  90. No. The new Chairman has to be independently selected. Along with two new Board members.

    Musk will be answerable to the Chairman on a day to day basis, effectively.

  91. Now THAT is a rather constructive suggestion, Mark.

    Thing is, it makes too much sense or he wouldn’t have been forced into this by an outside regulator.

    Like Nicola Tesla, Musk appears to have an ‘unstable’ side to him. Hopefully not as bad as Nicola had it (and it got worse for Nicola as he aged), but still..enough for there to be valid comparison.

    But thanks to the SEC, Musk will soon have an actual boss as the new Chairman has to be an independently selected one…as do two new Board members.

    Hopefully they will reign Musk in and start asking the hard questions the Musk fluffers on the current Board refuse to do so.

  92. Sucks to be a Musk Fluffer! But this is great for Tesla shareholders.

    BTW, this was the deal they offered him from the get go, yet he arrogantly turned it down. Then after the SEC declared that they meant to throw the entire kitchen sink at him, he caved.

    And by caving, he’s de facto admitting to their charges.

    He should have taken the deal the first time. Now, his Kool-Aid drinking fluffers have to endure posts like mine from here to eternity.

    Oh…and there’s the DoJ investigation, kiddies! Don’t forget that.

  94. I know than Musk is a bit prickly but I do like the things he was done so I do hope he learns to keep it big mouth shut and let someone else handle the PR.

  95. I know than Musk is a bit prickly but I do like the things he was done so I do hope he learns to keep it big mouth shut and let someone else handle the PR.

  99. I have a source inside the gigafactory, and he’s not telling me positive things about the battery manufacture end of things. A lot of dangerous, (In a QC sense) shortcuts being taken.

  100. I have a source inside the gigafactory and he’s not telling me positive things about the battery manufacture end of things. A lot of dangerous (In a QC sense) shortcuts being taken.

  111. Yes it was a slap on the wrist. I just hope he learned his lesson”” from this”””” but I have my doubts…”””

  112. Well nobody likes to pull that from his pocket and give to someone. Actually, I think it is 40mill, 20 from him personally and 20 from tesla company.

  113. Well nobody likes to pull that from his pocket and give to someone. Actually I think it is 40mill 20 from him personally and 20 from tesla company.

  115. Slap on the wrist. Elon should be quieter about his substance use or the next intrusion of big brother into his private universe might be a court order to attend anonymous meetings – awkward.

  116. Slap on the wrist. Elon should be quieter about his substance use or the next intrusion of big brother into his private universe might be a court order to attend anonymous meetings – awkward.

  117. I have a source inside the gigafactory, and he’s not telling me positive things about the battery manufacture end of things. A lot of dangerous, (In a QC sense) shortcuts being taken.

  121. He was taught to bark every time Musks name is mentioned. This is typical for the fools that read Seeking Alpha, American Thinker, Rush Limbaugh. They are also fervent Global warming deniers and think that anything for the average Joe from the government is bad. ETC ETC They hold theses brain washed “facts” to be self evident and you cannot discuss this with them. They have swallowed that bait and cannot mentally conceive they are the real fools.

  122. He was taught to bark every time Musks name is mentioned. This is typical for the fools that read Seeking Alpha American Thinker Rush Limbaugh. They are also fervent Global warming deniers and think that anything for the average Joe from the government is bad. ETC ETC They hold theses brain washed facts”” to be self evident and you cannot discuss this with them. They have swallowed that bait and cannot mentally conceive they are the real fools.”””

  123. Well, it could have been worse. a lot lot worse. I am not a complete elon musk fan, but he sure as hell is shaking up the status quo in a way that we desperately need. At least he can still shape tesla and its path to scalability. vr (ps – btw what is up with that ‘ape’ guy, he seems to have a pathological hatred for musk. did elon stuff him into a locker when he was a kid or something?)

  124. Well it could have been worse. a lot lot worse.I am not a complete elon musk fan but he sure as hell is shaking up the status quo in a way that we desperately need. At least he can still shape tesla and its path to scalability.vr(ps – btw what is up with that ‘ape’ guy he seems to have a pathological hatred for musk. did elon stuff him into a locker when he was a kid or something?)

  133. Well nobody likes to pull that from his pocket and give to someone. Actually, I think it is 40mill, 20 from him personally and 20 from tesla company.

  134. Slap on the wrist. Elon should be quieter about his substance use or the next intrusion of big brother into his private universe might be a court order to attend anonymous meetings – awkward.

  136. He was taught to bark every time Musks name is mentioned. This is typical for the fools that read Seeking Alpha, American Thinker, Rush Limbaugh. They are also fervent Global warming deniers and think that anything for the average Joe from the government is bad. ETC ETC They hold theses brain washed “facts” to be self evident and you cannot discuss this with them. They have swallowed that bait and cannot mentally conceive they are the real fools.

  137. Well, it could have been worse. a lot lot worse.

    I am not a complete elon musk fan, but he sure as hell is shaking up the status quo in a way that we desperately need.

    At least he can still shape tesla and its path to scalability.

    vr

    (ps – btw what is up with that ‘ape’ guy, he seems to have a pathological hatred for musk. did elon stuff him into a locker when he was a kid or something?)

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