SEC is Suing Elon Musk for Fraud

The U.S. Securities and Exchange Commission (SEC) is suing Elon Musk for fraud.

The SEC complaint alleges that Elon Musk issued “false and misleading” statements and failed to properly notify regulators of material company events.

The SEC is seeking to bar Musk from serving as an officer or director of a publicly traded company if found guilty.

Musk called the allegations “unjustified” and said he “never compromised” his integrity.

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289 thoughts on “SEC is Suing Elon Musk for Fraud”

  1. I feel like this is the government trying to get a handle on a game changing industry before it gets out of control, and ruins a sizable chunk of the fossil fuel industry that stuffs giant wads of cash into the pockets of politicians. *dons his flak jacket snd smugly awaits some kind of flaming lol* I bet Preston Tucker is beating on the inside of his coffin to have a chance to defend Musk. I mean, not that Musk is, like, the most stand-up guy in history. But, I’ll keep this family-friendly. He’s a smarty-pants, though!

  2. Yep, these are golden career making opportunities for them. They will make damn sure no stone is left unturned.

  3. never compromised his integrity” Yes, cuz nothing says you have integrity more than calling a cave rescuer a pedophile without any proof what so ever. What a despicable person. A monkey could have predicted that that tweet (funding secured) would get him in trouble, and he did it anyway because he has a mars sized ego and thinks he’s above the law. Hope the fine is big enough to ground him a bit.

  4. Ouch. People get away with things all the time, but prosecutors love to make examples of high profile people that make stoopid public mistakes…

  5. Yep these are golden career making opportunities for them.They will make damn sure no stone is left unturned.

  6. ever compromised his integrity””Yes”” cuz nothing says you have integrity more than calling a cave rescuer a pedophile without any proof what so ever.What a despicable person.A monkey could have predicted that that tweet (funding secured) would get him in trouble”” and he did it anyway because he has a mars sized ego and thinks he’s above the law. Hope the fine is big enough to ground him a bit.”””

  7. Ouch. People get away with things all the time but prosecutors love to make examples of high profile people that make stoopid public mistakes…

  8. Wow, putting Musk out of business, essentially for life since he’ll never be able to gain back the momentum he’ll lose if the SEC wins this suit, for a first time offense, and a Tweet at that. I’m not a Muskovite, but that is pretty harsh. There are repeat offenders in the banking and finance industry that have been fined repeatedly for fraud and yet are still allowed to continue on as CEOs. This seems pretty over-the-top. Perhaps Trump wants to MAGA with gas-powered cars instead of electric. Way to take the wind out of the future. Sheesh…

  9. Lets recap: 1. Mr Musk for months warns the dastardly shorts about getting destroyed 2. Mr Musk tweets about taking Tesla private at a significantly higher price than the going price 3. Stock goes up 4. Shorts get destroyed 5. Whoopsie! Drugs! Funding not quite as secured as tweet led people to believe 6. No matter what happens the lawyers win

  10. Well he tweeted his stock up to an all time high after he got high at the end of a three month long tweet storm about destroying the shorts. So yeah it was obvious where this was going.

  11. Wow putting Musk out of business essentially for life since he’ll never be able to gain back the momentum he’ll lose if the SEC wins this suit for a first time offense and a Tweet at that. I’m not a Muskovite but that is pretty harsh. There are repeat offenders in the banking and finance industry that have been fined repeatedly for fraud and yet are still allowed to continue on as CEOs. This seems pretty over-the-top. Perhaps Trump wants to MAGA with gas-powered cars instead of electric. Way to take the wind out of the future. Sheesh…

  12. Lets recap:1. Mr Musk for months warns the dastardly shorts about getting destroyed2. Mr Musk tweets about taking Tesla private at a significantly higher price than the going price3. Stock goes up4. Shorts get destroyed5. Whoopsie! Drugs! Funding not quite as secured as tweet led people to believe6. No matter what happens the lawyers win

  13. Well he tweeted his stock up to an all time high after he got high at the end of a three month long tweet storm about destroying the shorts.So yeah it was obvious where this was going.

  14. I feel like this is the government trying to get a handle on a game changing industry before it gets out of control and ruins a sizable chunk of the fossil fuel industry that stuffs giant wads of cash into the pockets of politicians. *dons his flak jacket snd smugly awaits some kind of flaming lol*I bet Preston Tucker is beating on the inside of his coffin to have a chance to defend Musk. I mean not that Musk is like the most stand-up guy in history. But I’ll keep this family-friendly. He’s a smarty-pants though!

  15. There’s a history of British expats going to Thailand to fuck kids. It’s enough that the concentration of British paedophiles is lowered in Britain, but quite high in Thailand. Look up Gary Glitter, for a high profile case.

  16. Technically, despicable people can have integrity. People succeed when everybody predicts failure, because they don’t take other people’s opinions all that seriously. This has downsides, too.

  17. First they’ll need to prove his guilt (beyond reasonable doubt, was it?). Which they may well be able to do, but he does have resources to hire a strong lawyer team, so he may still wriggle his way out of this. We’ll see. But even if they do, as I understand, they can only “bar Musk from serving as an *officer or director* of a *publicly traded* company”. He may still be able to sit on the board, or if not, at least serve as a “consultant”. And he could still run a private company, such as SpaceX. Steve Jobs was fired from Apple back in the day (from his own company). He still came back later, and lifted Apple into the giant we know today. So “he’ll never be able to gain back the momentum” may or may not be true.

  18. There’s a history of British expats going to Thailand to fuck kids. It’s enough that the concentration of British paedophiles is lowered in Britain but quite high in Thailand. Look up Gary Glitter for a high profile case.

  19. Technically despicable people can have integrity.People succeed when everybody predicts failure because they don’t take other people’s opinions all that seriously. This has downsides too.

  20. First they’ll need to prove his guilt (beyond reasonable doubt was it?). Which they may well be able to do but he does have resources to hire a strong lawyer team so he may still wriggle his way out of this. We’ll see. But even if they do as I understand they can only bar Musk from serving as an *officer or director* of a *publicly traded* company””. He may still be able to sit on the board”” or if not”” at least serve as a “”””consultant””””. And he could still run a private company”” such as SpaceX.Steve Jobs was fired from Apple back in the day (from his own company). He still came back later”” and lifted Apple into the giant we know today. So “”””he’ll never be able to gain back the momentum”””” may or may not be true.”””

  21. Yeah a mass conspiracy caused Musk to claim that they had financiers who wanted to take the company private Despite all of the financiers saying they had no intentions of buying out Tesla and in fact stated the opposite that they felt Tesla was overvaluedMusk committed a crime period And its no small crime many people lost money because Musk tweeted something that was blatantly untrue and that he knew was untrue. Letting him slide would create a dangerous precedent any CEO would be able to tell their cronies to buy and sell before making a false tweet bilking millions of investors And ignorance of the law is no excuse CEO’s of publically traded companies have very strict rules they have to follow by the SEC on what information they are allowed to divulge and what stocks they are allowed to sell.

  22. He was a middle aged white guy going alone to Thailand, specifically Pattaya basically the prostitution capital of Thailand known for abusing children The equivalent would be a wealthy white guy going to the most violent ghetto’s in Detroit. Why exactly would he be there unless it was for something illegal? There are many area’s of Thailand, the vast majority of tourists wouldn’t be caught dead setting foot in Pattaya

  23. Yeah because middle aged white men go to Thailand for the country rather for you know what. The area Pattaya beach is infamous for abusing children Defamation? I’m not seeing it All these middle aged white guys flying to Thailand alone without their families and spouses, surely it must be because of thailands great culture

  24. Yeah a mass conspiracy caused Musk to claim that they had financiers who wanted to take the company private Despite all of the financiers saying they had no intentions of buying out Tesla and in fact stated the opposite that they felt Tesla was overvalued Musk committed a crime period, And its no small crime, many people lost money because Musk tweeted something that was blatantly untrue and that he knew was untrue. Letting him slide would create a dangerous precedent, any CEO would be able to tell their cronies to buy and sell before making a false tweet bilking millions of investors And ignorance of the law is no excuse, CEO’s of publically traded companies have very strict rules they have to follow by the SEC on what information they are allowed to divulge and what stocks they are allowed to sell.

  25. He was a middle aged white guy going alone to Thailand specifically Pattaya basically the prostitution capital of Thailand known for abusing children The equivalent would be a wealthy white guy going to the most violent ghetto’s in Detroit. Why exactly would he be there unless it was for something illegal? There are many area’s of Thailand the vast majority of tourists wouldn’t be caught dead setting foot in Pattaya

  26. Yeah because middle aged white men go to Thailand for the country rather for you know what. The area Pattaya beach is infamous for abusing children Defamation? I’m not seeing itAll these middle aged white guys flying to Thailand alone without their families and spouses surely it must be because of thailands great culture

  27. So what? Pattaya is a tourist destination, there are people abusing children maybe, but the law in Thailand is very strict and cases o abuses are quite few He is also married ahd he provided photos of his wife/ companion There are a LOT o normal tourists in Pattaya You are accusing a guy without a proo and this is outrageous. You should think better before throwing baseless accusations What you are doing is very bad

  28. It’s a civil case, so the standard is (whether it should be or not) the preponderance of the evidence. But then they also assign blame fractionally, and may assign most blame to the KSASWF representative even if they find against Musk.

  29. So what?Pattaya is a tourist destination there are people abusing children maybe but the law in Thailand is very strict and cases o abuses are quite few He is also married ahd he provided photos of his wife/ companion There are a LOT o normal tourists in Pattaya You are accusing a guy without a proo and this is outrageous. You should think better before throwing baseless accusations What you are doing is very bad

  30. It’s a civil case so the standard is (whether it should be or not) the preponderance of the evidence. But then they also assign blame fractionally and may assign most blame to the KSASWF representative even if they find against Musk.

  31. He can still run SpaceX as it is not publicly traded. No way ULA is doing this they can’t even build their own rocket engines. Trump wants to cancel SLS and replace it with SpaceX, so hardly against Musk.

  32. The equivalent would be a wealthy white guy going to the most violent ghetto’s in Detroit. Why exactly would he be there unless it was for something illegal?” Such a fascinating though process.

  33. It must be convenient to go through life evaluating what people say based not on the content of their speech but on your perception of who they are.

  34. He can still run SpaceX as it is not publicly traded.No way ULA is doing this they can’t even build their own rocket engines.Trump wants to cancel SLS and replace it with SpaceX so hardly against Musk.

  35. The equivalent would be a wealthy white guy going to the most violent ghetto’s in Detroit. Why exactly would he be there unless it was for something illegal?””Such a fascinating though process.”””

  36. It must be convenient to go through life evaluating what people say based not on the content of their speech but on your perception of who they are.

  37. To suggest that people lost money is bogus” “Only if they planned to unload their shares would someone lose their money.” Those two sentences are contradictory. Shows that you don’t even know what stock investing is about.

  38. Who says the suit terms extend only to publicly traded firms? It is a lawsuit. Any damage award can be asked for and can be granted.

  39. Ah yes. Now the conspiracy theories by those who can’t stand to simply acknowledge the simple truth of the matter because it pisses all over their cult fraud of god, Elon Musk. This is ALL an outcome of Musk’s poor behavior. Pure and simple. That’s it.

  40. Read what I just posted. Yeah. I am deliberately pouring gasoline on to the burning Musk Fluffers now. A$$holes deserve every thing I dish out at em.

  41. Hahahahahahahahah! WHO said this was going to happen? ME WHO attacked me viciously for doing so? Tommy, one of the Igors and all the other Musk Fluffers on here who could not stand the fact that someone actually pointed out that their Cult Leader screwed the pooch! Then they attacked me personally as part of that. Well guess what, Musk Fluffers! Your Kool-Aid Detox is JUST beginning. Coming up: Another SEC lawsuit…this time directed against Tesla itself. $20 BILLION damage award AT LEAST, in my view. After that, CRIMINAL CHARGES by the DoJ filed against Musk. I advise you to actually WATCH the SEC press conference they gave yesterday. It was not-your-standard-bureaucratese thing. They PERSONALLY ATTACKED Musk. Brought up him using his girlfriend as an excuse for the $420 magical buyout price. Brought up how social media celebs won’t be getting a ‘exemption’ from the full might of the SEC, etc., etc. It was the closest thing of outright vindictiveness and viciousness I’ve ever seen from a bureaucracy. Clearly, they have been waiting to nail Musk for some time now. He’s screwed & tatooed, fluffers! (Again, JUST AS I SAID HERE ON NBF when this all started to come out) Go ahead and start the attacks one me. Shooting the messenger ALWAYS works, right? Whatever it takes to feed your denial of reality when it comes to your cult god of fraud. Whatever it takes, right?

  42. What do you mean? According to you and the rest of the Musk fluffers, none of this was going to happen! Then you attacked me for saying it would!

  43. I and other Ape-like posters said this would happen and now it has. Mr Musk needs to hire some good attorneys.

  44. To suggest that people lost money is bogus””””””Only if they planned to unload their shares would someone lose their money.””””Those two sentences are contradictory. Shows that you don’t even know what stock investing is about.”””

  45. Who says the suit terms extend only to publicly traded firms? It is a lawsuit. Any damage award can be asked for and can be granted.

  46. Ah yes. Now the conspiracy theories by those who can’t stand to simply acknowledge the simple truth of the matter because it pisses all over their cult fraud of god Elon Musk. This is ALL an outcome of Musk’s poor behavior. Pure and simple. That’s it.

  47. Read what I just posted.Yeah. I am deliberately pouring gasoline on to the burning Musk Fluffers now. A$$holes deserve every thing I dish out at em.

  48. Hahahahahahahahah!WHO said this was going to happen? MEWHO attacked me viciously for doing so? Tommy one of the Igors and all the other Musk Fluffers on here who could not stand the fact that someone actually pointed out that their Cult Leader screwed the pooch! Then they attacked me personally as part of that.Well guess what Musk Fluffers! Your Kool-Aid Detox is JUST beginning. Coming up: Another SEC lawsuit…this time directed against Tesla itself. $20 BILLION damage award AT LEAST in my view. After that CRIMINAL CHARGES by the DoJ filed against Musk.I advise you to actually WATCH the SEC press conference they gave yesterday. It was not-your-standard-bureaucratese thing. They PERSONALLY ATTACKED Musk. Brought up him using his girlfriend as an excuse for the $420 magical buyout price. Brought up how social media celebs won’t be getting a ‘exemption’ from the full might of the SEC etc. etc. It was the closest thing of outright vindictiveness and viciousness I’ve ever seen from a bureaucracy. Clearly they have been waiting to nail Musk for some time now.He’s screwed & tatooed fluffers! (Again JUST AS I SAID HERE ON NBF when this all started to come out)Go ahead and start the attacks one me. Shooting the messenger ALWAYS works right? Whatever it takes to feed your denial of reality when it comes to your cult god of fraud. Whatever it takes right?

  49. What do you mean? According to you and the rest of the Musk fluffers none of this was going to happen!Then you attacked me for saying it would!

  50. I and other Ape-like posters said this would happen and now it has.Mr Musk needs to hire some good attorneys.

  51. Why wouldn’t I come to the defense of somebody subject to an evidence free accusation? Seems like there’s a great need for that sort of defense at the moment. Like I said, people who succeed at difficult endeavors when sensible people predict failure have a common set of traits, and one of them is not taking seriously the opinions of others. This has upsides and downsides. Same reason political radicals tend to fall for conspiracy theories. Oh, and what makes you think I’m a “sexpat”? I engaged in marriage tourism, not sex tourism. And married a college graduate in her late 20’s.

  52. There’s a recent report that the SEC had negotiated a settlement with Tesla and Elon Musk, but the attorneys withdrew the settlement at the last minute. No reason given why they did, but I’m assuming that they must think they’ll prevail in a jury trial. To suggest that people lost money is bogus. Only if they planned to unload their shares would someone lose their money.

  53. Why wouldn’t I come to the defense of somebody subject to an evidence free accusation? Seems like there’s a great need for that sort of defense at the moment.Like I said people who succeed at difficult endeavors when sensible people predict failure have a common set of traits and one of them is not taking seriously the opinions of others. This has upsides and downsides. Same reason political radicals tend to fall for conspiracy theories.Oh and what makes you think I’m a sexpat””? I engaged in marriage tourism”””” not sex tourism. And married a college graduate in her late 20’s.”””

  54. There’s a recent report that the SEC had negotiated a settlement with Tesla and Elon Musk but the attorneys withdrew the settlement at the last minute. No reason given why they did but I’m assuming that they must think they’ll prevail in a jury trial. To suggest that people lost money is bogus. Only if they planned to unload their shares would someone lose their money.

  55. Hahahahah…and the CYA begins! But I never had you pegged as a Musk Fluffer, let alone a self-admitted one as you just did now. That was a surprise I never saw coming, I will admit. 🙂

  56. Nah. He had an offer on the table to step down and avoid a lawsuit but turned it down. Agree on the personal attack slant though, maybe Musk smells the rancor and feels he has a strong case to fight against what their threatening. Either way, a lawsuit like that can take years in which time he can get the 3 fully ramped up.

  57. Hahahahah…and the CYA begins!But I never had you pegged as a Musk Fluffer let alone a self-admitted one as you just did now. That was a surprise I never saw coming I will admit. 🙂

  58. Nah. He had an offer on the table to step down and avoid a lawsuit but turned it down. Agree on the personal attack slant though maybe Musk smells the rancor and feels he has a strong case to fight against what their threatening. Either way a lawsuit like that can take years in which time he can get the 3 fully ramped up.

  59. That would make you happy since you seem to believe anything the corporate boys tell you to believe. Global warming is not real therefore the electric car is also a fraud. You hatred for him is based upon a attack campaign which you just seen to fall for every time. I knew the big boys were going to use any tactic they could to go after him. I invest for a living and think that the whore house they call the SEC is nothing but a tool for the oligarchs to strip wealth from the people and keep the oligarchs on top. So the first offer is for him to step down so they can take over. What a corrupt POS country this has become.

  60. I have not understood a word of what you said, just trash talk The quality of the commenters in this blog is going down a lot, you Angryyello, Warren the Troll and Tom Terkins Wow, this is becoming Throllland

  61. The complaint filed by the SEC in the Southern District Court of New York is a civil action demanding a jury trial for violations of SEC regulations, and lists Elon Musk as the sole defendant. The complaint lays out a solid case against Musk, and federal law allows for significant civil penalties for the alleged violations. Musk’s ownership in SpaceX might become an issue, since the federal government can seize any of Musk’s financial assets needed to pay civil penalties resulting from this court decision. https://www.sec.gov/litigation/complaints/2018/comp-pr2018-219.pdf

  62. Musk Fluffer! Musk Fluffer! What ‘profiteering parasites’? You referring to the short sellers? The short sale orders were there not to cause problems for Musk/Tesla, but reflect the troubles Musk/Tesla already had. But your Fraud God blames it all on them, so therefore do all the Kool Aid Musk Fluffers who collectively have the independent thinking skills of a nat smashed head first into the windshield of a car. Oh…and a bit of a news flash for ya: For profit Corporations are not ‘dedicated’ to making the future ‘better and sooner’. They are dedicated to making profit for their investors. Period. The law even requires them to be. But…that Musk Fluffer Kool Aid has rotted your brain so much there really isn’t any point in, oh…injecting REALITY into any ‘discussion’ with you now, is there?

  63. See? See how MTCZ the Musk Fluffer equates my ripping onto the Musk Fluffer Cultist Whackos as ‘hating Musk’? They all do this. They are deranged.

  64. I have not understood a word of what you said just trash talk The quality of the commenters in this blog is going down a lot you Angryyello Warren the Troll and Tom TerkinsWow this is becoming Throllland

  65. The complaint filed by the SEC in the Southern District Court of New York is a civil action demanding a jury trial for violations of SEC regulations and lists Elon Musk as the sole defendant. The complaint lays out a solid case against Musk and federal law allows for significant civil penalties for the alleged violations. Musk’s ownership in SpaceX might become an issue since the federal government can seize any of Musk’s financial assets needed to pay civil penalties resulting from this court decision.https://www.sec.gov/litigation/complaints/2018/comp-pr2018-219.pdf

  66. Musk Fluffer! Musk Fluffer!What ‘profiteering parasites’? You referring to the short sellers? The short sale orders were there not to cause problems for Musk/Tesla but reflect the troubles Musk/Tesla already had. But your Fraud God blames it all on them so therefore do all the Kool Aid Musk Fluffers who collectively have the independent thinking skills of a nat smashed head first into the windshield of a car.Oh…and a bit of a news flash for ya: For profit Corporations are not ‘dedicated’ to making the future ‘better and sooner’. They are dedicated to making profit for their investors. Period. The law even requires them to be.But…that Musk Fluffer Kool Aid has rotted your brain so much there really isn’t any point in oh…injecting REALITY into any ‘discussion’ with you now is there?

  67. See? See how MTCZ the Musk Fluffer equates my ripping onto the Musk Fluffer Cultist Whackos as ‘hating Musk’? They all do this. They are deranged.

  68. Please MTCZ, enough of this “idealizing of the fearless leader” bs. He craves money and he’s skilled enough to accumulate billions of them, just like fellow billionaires. And there’s nothing wrong with that. Unfortunately, unlike his “colleagues” he also craves being the center of attention, and that’s his main problem (and maybe his only problem). He behaves like a spoiled celebrity teenager, but he’s an adult, leader of two multi billion $ companies and he should be treated the same and be subject to the same rules as other adults.

  69. So what you’re saying is that of the hundreds of millions of people who visit Thailand every year, all of them are pedophiles?! Or only the Caucasians? And it’s probably millions of these as well who visit Thailand, you’re saying they’re all pedophiles? Do you understand how insane this accusation is?!?! Is your love for Musk so great as to accuse millions of people of abusing children just to justify his narcissistic nonsense?! By the way, Colombia produces lots of cocaine, doesn’t mean everyone there is a cocaine dealer. The US has a mass shooting every month, doesn’t mean everyone is a psychopath with a garage fool of guns just waiting to go on a shooting rampage. Etc… You can’t generalize about other countries or other people! I would be careful if I were you about repeating the pedophile accusation unless you yourself have proof because in most countries it’s illegal to do it. Saying “but musk said so” is not a defense and you could go to prison.

  70. You are one Toxic personality. I have never seen you contribute any positives to this board. And you hostility towards Musk is extreme. Did you short the stock and get burned?

  71. The people losing money were the people who shorted TESLA stock. They have been using disinformation web sites like Zero hedge to write attack pieces constantly. The is the first time I have heard the SEC demand that a CEO be removed! How starnge! The same thing happened to Chipotle when they poisoned four stores to drive the stock price down. Yep the bacteria was highly unusual. The food supply chains were completely separate so there could be no singe source for this strange bacterial type. This was also the first time in history that the FDA could not trace where the food was tainted.

  72. Yea with all the fraud on wallstreet with short sellers lying and spreading false information to destroy company they go after Tesla for one tweet. And you cannot see what this is really about. The oligarchs want him stopped and since they control congress and they control the SEC it is just another tactic.

  73. Please MTCZ enough of this idealizing of the fearless leader”” bs. He craves money and he’s skilled enough to accumulate billions of them”” just like fellow billionaires. And there’s nothing wrong with that. Unfortunately”” unlike his “”””colleagues”””” he also craves being the center of attention”” and that’s his main problem (and maybe his only problem).He behaves like a spoiled celebrity teenager but he’s an adult”” leader of two multi billion $ companies and he should be treated the same and be subject to the same rules as other adults.”””

  74. So what you’re saying is that of the hundreds of millions of people who visit Thailand every year all of them are pedophiles?!Or only the Caucasians? And it’s probably millions of these as well who visit Thailand you’re saying they’re all pedophiles? Do you understand how insane this accusation is?!?!Is your love for Musk so great as to accuse millions of people of abusing children just to justify his narcissistic nonsense?!By the way Colombia produces lots of cocaine doesn’t mean everyone there is a cocaine dealer.The US has a mass shooting every month doesn’t mean everyone is a psychopath with a garage fool of guns just waiting to go on a shooting rampage.Etc…You can’t generalize about other countries or other people!I would be careful if I were you about repeating the pedophile accusation unless you yourself have proof because in most countries it’s illegal to do it. Saying but musk said so”” is not a defense and you could go to prison.”””

  75. You are one Toxic personality. I have never seen you contribute any positives to this board. And you hostility towards Musk is extreme. Did you short the stock and get burned?

  76. The people losing money were the people who shorted TESLA stock. They have been using disinformation web sites like Zero hedge to write attack pieces constantly. The is the first time I have heard the SEC demand that a CEO be removed! How starnge! The same thing happened to Chipotle when they poisoned four stores to drive the stock price down. Yep the bacteria was highly unusual. The food supply chains were completely separate so there could be no singe source for this strange bacterial type. This was also the first time in history that the FDA could not trace where the food was tainted.

  77. Yea with all the fraud on wallstreet with short sellers lying and spreading false information to destroy company they go after Tesla for one tweet. And you cannot see what this is really about. The oligarchs want him stopped and since they control congress and they control the SEC it is just another tactic.

  78. That would make you happy since you seem to believe anything the corporate boys tell you to believe. Global warming is not real therefore the electric car is also a fraud. You hatred for him is based upon a attack campaign which you just seen to fall for every time. I knew the big boys were going to use any tactic they could to go after him. I invest for a living and think that the whore house they call the SEC is nothing but a tool for the oligarchs to strip wealth from the people and keep the oligarchs on top. So the first offer is for him to step down so they can take over. What a corrupt POS country this has become.

  79. I suspect this may be an elaborate plot by Musk First get attacked by the SEC This mankes the stock plunge Then buy stock right Then settle with the SEC and say that cars are being made stock goes up again You get ricker richer yes!

  80. I suspect this may be an elaborate plot by Musk First get attacked by the SEC This mankes the stock plunge Then buy stock right Then settle with the SEC and say that cars are being made stock goes up again You get ricker richer yes!

  81. Tesla will be facing probable bankruptcy in 6-9 months. With or without Musk. The latter is more or less a share price issue for the cost of redeeming the convertibles. Here is the harsh reality. They will be about $4bn of negative cash flow this year. They will need about $5bn in capital next year to cover operations AND more to cover the convert losses (a function of what the share price will be). Their debt is rated Caa1 – very deep in junk territory. That makes it very costly to rollover (now that rates are rising), which their cash flow (already negative) can’t cover. The credit default swaps are VERY expensive (and anyone holding debt needs to buy the cover), and right now amounts to about $2.2m for $10m of debt (plus the $25k of quarterly payment fee for the $10m cover). Tesla also needs to come up with $400m in cash (now) to avoid breaching the lien covenants. They admit they are close to breaching (from the August 6 10Q: ” As a result of these covenants, our ability to respond to changes in business and economic conditions and engage in beneficial transactions, including to obtain additional financing as needed, may be restricted”). They can’t really cut costs. The cost waterfall is almost all COGS, so that rules out any real efficiency gains. The devil is in the details. Tesla is telling the people who has the collateral that they are in trouble. If not corrected this will trigger the default machinery to start up. What is the way out for them? Musk is really cornered here. As usual, it’s always about cash flow. Some analysts have speculated he could sell his IP. But that intangible looks even more dicey because most of the car isn’t IP, it’s regular car making stuff. SolarCity? Everyone assumes that is bust so no residual value there. Spacex? I seriously doubt his investors there will want to come to the rescue. I’ve always looked at this company as trying hard to outrun the financial pyroclastic cloud coming it’s way. I still love my Model S, but

  82. Tesla will be facing probable bankruptcy in 6-9 months. With or without Musk. The latter is more or less a share price issue for the cost of redeeming the convertibles. Here is the harsh reality. They will be about $4bn of negative cash flow this year. They will need about $5bn in capital next year to cover operations AND more to cover the convert losses (a function of what the share price will be). Their debt is rated Caa1 – very deep in junk territory. That makes it very costly to rollover (now that rates are rising) which their cash flow (already negative) can’t cover. The credit default swaps are VERY expensive (and anyone holding debt needs to buy the cover) and right now amounts to about $2.2m for $10m of debt (plus the $25k of quarterly payment fee for the $10m cover). Tesla also needs to come up with $400m in cash (now) to avoid breaching the lien covenants. They admit they are close to breaching (from the August 6 10Q: As a result of these covenants” our ability to respond to changes in business and economic conditions and engage in beneficial transactions including to obtain additional financing as needed” may be restricted””).They can’t really cut costs. The cost waterfall is almost all COGS”” so that rules out any real efficiency gains. The devil is in the details. Tesla is telling the people who has the collateral that they are in trouble. If not corrected this will trigger the default machinery to start up. What is the way out for them? Musk is really cornered here. As usual it’s always about cash flow. Some analysts have speculated he could sell his IP. But that intangible looks even more dicey because most of the car isn’t IP it’s regular car making stuff. SolarCity? Everyone assumes that is bust so no residual value there. Spacex? I seriously doubt his investors there will want to come to the rescue. I’ve always looked at this company as trying hard to outrun the financial pyroclastic cloud coming it’s way. I still love my M”

  83. I’m really getting tired of the “fluffer” nonsense. People can’t disagree with you without being insulted?

  84. Ideally he has a good firewall between SpaceX and Tesla, so that the latter can go bankrupt without the former being effected. Tesla is just an electric car, it’s SpaceX that’s changing the world for the better.

  85. I’m really getting tired of the fluffer”” nonsense. People can’t disagree with you without being insulted?”””

  86. Ideally he has a good firewall between SpaceX and Tesla so that the latter can go bankrupt without the former being effected. Tesla is just an electric car it’s SpaceX that’s changing the world for the better.

  87. And you hostility towards Musk is extreme.” No hostility to Trump. You constantly post that lie…which is easily verified as I have never said anything negative about him. Ask critical questions, yes. Oh wait! To you and the rest in the Musk Fluffer Cult, doing just that IS exhibiting hostility to him!

  88. And you hostility towards Musk is extreme.””No hostility to Trump. You constantly post that lie…which is easily verified as I have never said anything negative about him. Ask critical questions”” yes. Oh wait! To you and the rest in the Musk Fluffer Cult”” doing just that IS exhibiting hostility to him!”””

  89. I invest for a living ” No you don’t. You just made that up like a Kavanaugh accuser does about gang rape. Your stated ignorance of what securities fraud even is proves that.

  90. I invest for a living “”No you don’t. You just made that up like a Kavanaugh accuser does about gang rape.Your stated ignorance of what securities fraud even is proves that.”””

  91. I looked it up, it’s an obscene insult, like calling a Tea party member a “tea bagger”. A despicable term to use in what should be a civil discussion.

  92. I looked it up it’s an obscene insult like calling a Tea party member a tea bagger””. A despicable term to use in what should be a civil discussion.”””

  93. “And you hostility towards Musk is extreme.”

    No hostility to Trump. You constantly post that lie…which is easily verified as I have never said anything negative about him. Ask critical questions, yes.

    Oh wait! To you and the rest in the Musk Fluffer Cult, doing just that IS exhibiting hostility to him!

  94. “I invest for a living ”

    No you don’t. You just made that up like a Kavanaugh accuser does about gang rape.

    Your stated ignorance of what securities fraud even is proves that.

  95. There’s nothing ‘nonsense’ about the term. It is observed reality. Look up the term fluffer. It has a Wikipedia page for it, even. And I am using it accurately, much like I do Watermelon. The fact that people don’t like hearing the truth so…brutally means that I am justified in using it more, not less. AND, one can not ‘agree’ nor ‘disagree’ with irrational cultists. It’s impossible.

  96. There’s nothing ‘nonsense’ about the term. It is observed reality. Look up the term fluffer. It has a Wikipedia page for it even.And I am using it accurately much like I do Watermelon. The fact that people don’t like hearing the truth so…brutally means that I am justified in using it more not less.AND one can not ‘agree’ nor ‘disagree’ with irrational cultists. It’s impossible.

  97. Again, Musk Fluffers SHOOT THE MESSENGER (how’s that for ‘toxic’?) Not once did it occur to MTCZ the ‘offended’ Musk Fluffer that people use CAPS because we can no longer use bold markup. Instead, it is all a TOXIC conspiracy against his God of Fraud, Musk! It has to be! GASP!

  98. Again Musk Fluffers SHOOT THE MESSENGER (how’s that for ‘toxic’?)Not once did it occur to MTCZ the ‘offended’ Musk Fluffer that people use CAPS because we can no longer use bold markup. Instead it is all a TOXIC conspiracy against his God of Fraud Musk! It has to be! GASP!

  99. There’s nothing ‘nonsense’ about the term. It is observed reality.

    Look up the term fluffer. It has a Wikipedia page for it, even.

    And I am using it accurately, much like I do Watermelon. The fact that people don’t like hearing the truth so…brutally means that I am justified in using it more, not less.

    AND, one can not ‘agree’ nor ‘disagree’ with irrational cultists. It’s impossible.

  100. Again, Musk Fluffers SHOOT THE MESSENGER (how’s that for ‘toxic’?)

    Not once did it occur to MTCZ the ‘offended’ Musk Fluffer that people use CAPS because we can no longer use bold markup. Instead, it is all a TOXIC conspiracy against his God of Fraud, Musk! It has to be! GASP!

  101. I’m really getting tired of the “fluffer” nonsense. People can’t disagree with you without being insulted?

  102. I’m really getting tired of the fluffer”” nonsense. People can’t disagree with you without being insulted?”””

  103. Ideally he has a good firewall between SpaceX and Tesla, so that the latter can go bankrupt without the former being effected. Tesla is just an electric car, it’s SpaceX that’s changing the world for the better.

  104. Ideally he has a good firewall between SpaceX and Tesla so that the latter can go bankrupt without the former being effected. Tesla is just an electric car it’s SpaceX that’s changing the world for the better.

  105. Ideally he has a good firewall between SpaceX and Tesla, so that the latter can go bankrupt without the former being effected. Tesla is just an electric car, it’s SpaceX that’s changing the world for the better.

  106. Tesla will be facing probable bankruptcy in 6-9 months. With or without Musk. The latter is more or less a share price issue for the cost of redeeming the convertibles. Here is the harsh reality. They will be about $4bn of negative cash flow this year. They will need about $5bn in capital next year to cover operations AND more to cover the convert losses (a function of what the share price will be). Their debt is rated Caa1 – very deep in junk territory. That makes it very costly to rollover (now that rates are rising), which their cash flow (already negative) can’t cover. The credit default swaps are VERY expensive (and anyone holding debt needs to buy the cover), and right now amounts to about $2.2m for $10m of debt (plus the $25k of quarterly payment fee for the $10m cover). Tesla also needs to come up with $400m in cash (now) to avoid breaching the lien covenants. They admit they are close to breaching (from the August 6 10Q: ” As a result of these covenants, our ability to respond to changes in business and economic conditions and engage in beneficial transactions, including to obtain additional financing as needed, may be restricted”). They can’t really cut costs. The cost waterfall is almost all COGS, so that rules out any real efficiency gains. The devil is in the details. Tesla is telling the people who has the collateral that they are in trouble. If not corrected this will trigger the default machinery to start up. What is the way out for them? Musk is really cornered here. As usual, it’s always about cash flow. Some analysts have speculated he could sell his IP. But that intangible looks even more dicey because most of the car isn’t IP, it’s regular car making stuff. SolarCity? Everyone assumes that is bust so no residual value there. Spacex? I seriously doubt his investors there will want to come to the rescue. I’ve always looked at this company as trying hard to outrun the financial pyroclastic cloud coming it’s way. I still love my Model S, but

  107. Tesla will be facing probable bankruptcy in 6-9 months. With or without Musk. The latter is more or less a share price issue for the cost of redeeming the convertibles. Here is the harsh reality. They will be about $4bn of negative cash flow this year. They will need about $5bn in capital next year to cover operations AND more to cover the convert losses (a function of what the share price will be). Their debt is rated Caa1 – very deep in junk territory. That makes it very costly to rollover (now that rates are rising) which their cash flow (already negative) can’t cover. The credit default swaps are VERY expensive (and anyone holding debt needs to buy the cover) and right now amounts to about $2.2m for $10m of debt (plus the $25k of quarterly payment fee for the $10m cover). Tesla also needs to come up with $400m in cash (now) to avoid breaching the lien covenants. They admit they are close to breaching (from the August 6 10Q: As a result of these covenants” our ability to respond to changes in business and economic conditions and engage in beneficial transactions including to obtain additional financing as needed” may be restricted””).They can’t really cut costs. The cost waterfall is almost all COGS”” so that rules out any real efficiency gains. The devil is in the details. Tesla is telling the people who has the collateral that they are in trouble. If not corrected this will trigger the default machinery to start up. What is the way out for them? Musk is really cornered here. As usual it’s always about cash flow. Some analysts have speculated he could sell his IP. But that intangible looks even more dicey because most of the car isn’t IP it’s regular car making stuff. SolarCity? Everyone assumes that is bust so no residual value there. Spacex? I seriously doubt his investors there will want to come to the rescue. I’ve always looked at this company as trying hard to outrun the financial pyroclastic cloud coming it’s way. I still love my M”

  108. I suspect this may be an elaborate plot by Musk First get attacked by the SEC This mankes the stock plunge Then buy stock right Then settle with the SEC and say that cars are being made stock goes up again You get ricker richer yes!

  109. I suspect this may be an elaborate plot by Musk First get attacked by the SEC This mankes the stock plunge Then buy stock right Then settle with the SEC and say that cars are being made stock goes up again You get ricker richer yes!

  110. Tesla will be facing probable bankruptcy in 6-9 months. With or without Musk. The latter is more or less a share price issue for the cost of redeeming the convertibles. Here is the harsh reality. They will be about $4bn of negative cash flow this year. They will need about $5bn in capital next year to cover operations AND more to cover the convert losses (a function of what the share price will be). Their debt is rated Caa1 – very deep in junk territory. That makes it very costly to rollover (now that rates are rising), which their cash flow (already negative) can’t cover. The credit default swaps are VERY expensive (and anyone holding debt needs to buy the cover), and right now amounts to about $2.2m for $10m of debt (plus the $25k of quarterly payment fee for the $10m cover). Tesla also needs to come up with $400m in cash (now) to avoid breaching the lien covenants. They admit they are close to breaching (from the August 6 10Q: ” As a result of these covenants, our ability to respond to changes in business and economic conditions and engage in beneficial transactions, including to obtain additional financing as needed, may be restricted”).
    They can’t really cut costs. The cost waterfall is almost all COGS, so that rules out any real efficiency gains.

    The devil is in the details. Tesla is telling the people who has the collateral that they are in trouble. If not corrected this will trigger the default machinery to start up.

    What is the way out for them? Musk is really cornered here. As usual, it’s always about cash flow. Some analysts have speculated he could sell his IP. But that intangible looks even more dicey because most of the car isn’t IP, it’s regular car making stuff. SolarCity? Everyone assumes that is bust so no residual value there. Spacex? I seriously doubt his investors there will want to come to the rescue.

    I’ve always looked at this company as trying hard to outrun the financial pyroclastic cloud coming it’s way. I still love my Model S, but I hope someone will be able to look after it in the future.

  111. Please MTCZ, enough of this “idealizing of the fearless leader” bs. He craves money and he’s skilled enough to accumulate billions of them, just like fellow billionaires. And there’s nothing wrong with that. Unfortunately, unlike his “colleagues” he also craves being the center of attention, and that’s his main problem (and maybe his only problem). He behaves like a spoiled celebrity teenager, but he’s an adult, leader of two multi billion $ companies and he should be treated the same and be subject to the same rules as other adults.

  112. Please MTCZ enough of this idealizing of the fearless leader”” bs. He craves money and he’s skilled enough to accumulate billions of them”” just like fellow billionaires. And there’s nothing wrong with that. Unfortunately”” unlike his “”””colleagues”””” he also craves being the center of attention”” and that’s his main problem (and maybe his only problem).He behaves like a spoiled celebrity teenager but he’s an adult”” leader of two multi billion $ companies and he should be treated the same and be subject to the same rules as other adults.”””

  113. So what you’re saying is that of the hundreds of millions of people who visit Thailand every year, all of them are pedophiles?! Or only the Caucasians? And it’s probably millions of these as well who visit Thailand, you’re saying they’re all pedophiles? Do you understand how insane this accusation is?!?! Is your love for Musk so great as to accuse millions of people of abusing children just to justify his narcissistic nonsense?! By the way, Colombia produces lots of cocaine, doesn’t mean everyone there is a cocaine dealer. The US has a mass shooting every month, doesn’t mean everyone is a psychopath with a garage fool of guns just waiting to go on a shooting rampage. Etc… You can’t generalize about other countries or other people! I would be careful if I were you about repeating the pedophile accusation unless you yourself have proof because in most countries it’s illegal to do it. Saying “but musk said so” is not a defense and you could go to prison.

  114. So what you’re saying is that of the hundreds of millions of people who visit Thailand every year all of them are pedophiles?!Or only the Caucasians? And it’s probably millions of these as well who visit Thailand you’re saying they’re all pedophiles? Do you understand how insane this accusation is?!?!Is your love for Musk so great as to accuse millions of people of abusing children just to justify his narcissistic nonsense?!By the way Colombia produces lots of cocaine doesn’t mean everyone there is a cocaine dealer.The US has a mass shooting every month doesn’t mean everyone is a psychopath with a garage fool of guns just waiting to go on a shooting rampage.Etc…You can’t generalize about other countries or other people!I would be careful if I were you about repeating the pedophile accusation unless you yourself have proof because in most countries it’s illegal to do it. Saying but musk said so”” is not a defense and you could go to prison.”””

  115. You are one Toxic personality. I have never seen you contribute any positives to this board. And you hostility towards Musk is extreme. Did you short the stock and get burned?

  116. You are one Toxic personality. I have never seen you contribute any positives to this board. And you hostility towards Musk is extreme. Did you short the stock and get burned?

  117. The people losing money were the people who shorted TESLA stock. They have been using disinformation web sites like Zero hedge to write attack pieces constantly. The is the first time I have heard the SEC demand that a CEO be removed! How starnge! The same thing happened to Chipotle when they poisoned four stores to drive the stock price down. Yep the bacteria was highly unusual. The food supply chains were completely separate so there could be no singe source for this strange bacterial type. This was also the first time in history that the FDA could not trace where the food was tainted.

  118. The people losing money were the people who shorted TESLA stock. They have been using disinformation web sites like Zero hedge to write attack pieces constantly. The is the first time I have heard the SEC demand that a CEO be removed! How starnge! The same thing happened to Chipotle when they poisoned four stores to drive the stock price down. Yep the bacteria was highly unusual. The food supply chains were completely separate so there could be no singe source for this strange bacterial type. This was also the first time in history that the FDA could not trace where the food was tainted.

  119. Yea with all the fraud on wallstreet with short sellers lying and spreading false information to destroy company they go after Tesla for one tweet. And you cannot see what this is really about. The oligarchs want him stopped and since they control congress and they control the SEC it is just another tactic.

  120. Yea with all the fraud on wallstreet with short sellers lying and spreading false information to destroy company they go after Tesla for one tweet. And you cannot see what this is really about. The oligarchs want him stopped and since they control congress and they control the SEC it is just another tactic.

  121. That would make you happy since you seem to believe anything the corporate boys tell you to believe. Global warming is not real therefore the electric car is also a fraud. You hatred for him is based upon a attack campaign which you just seen to fall for every time. I knew the big boys were going to use any tactic they could to go after him. I invest for a living and think that the whore house they call the SEC is nothing but a tool for the oligarchs to strip wealth from the people and keep the oligarchs on top. So the first offer is for him to step down so they can take over. What a corrupt POS country this has become.

  122. That would make you happy since you seem to believe anything the corporate boys tell you to believe. Global warming is not real therefore the electric car is also a fraud. You hatred for him is based upon a attack campaign which you just seen to fall for every time. I knew the big boys were going to use any tactic they could to go after him. I invest for a living and think that the whore house they call the SEC is nothing but a tool for the oligarchs to strip wealth from the people and keep the oligarchs on top. So the first offer is for him to step down so they can take over. What a corrupt POS country this has become.

  123. I have not understood a word of what you said, just trash talk The quality of the commenters in this blog is going down a lot, you Angryyello, Warren the Troll and Tom Terkins Wow, this is becoming Throllland

  124. I have not understood a word of what you said just trash talk The quality of the commenters in this blog is going down a lot you Angryyello Warren the Troll and Tom TerkinsWow this is becoming Throllland

  125. The complaint filed by the SEC in the Southern District Court of New York is a civil action demanding a jury trial for violations of SEC regulations, and lists Elon Musk as the sole defendant. The complaint lays out a solid case against Musk, and federal law allows for significant civil penalties for the alleged violations. Musk’s ownership in SpaceX might become an issue, since the federal government can seize any of Musk’s financial assets needed to pay civil penalties resulting from this court decision. https://www.sec.gov/litigation/complaints/2018/comp-pr2018-219.pdf

  126. The complaint filed by the SEC in the Southern District Court of New York is a civil action demanding a jury trial for violations of SEC regulations and lists Elon Musk as the sole defendant. The complaint lays out a solid case against Musk and federal law allows for significant civil penalties for the alleged violations. Musk’s ownership in SpaceX might become an issue since the federal government can seize any of Musk’s financial assets needed to pay civil penalties resulting from this court decision.https://www.sec.gov/litigation/complaints/2018/comp-pr2018-219.pdf

  127. Musk Fluffer! Musk Fluffer! What ‘profiteering parasites’? You referring to the short sellers? The short sale orders were there not to cause problems for Musk/Tesla, but reflect the troubles Musk/Tesla already had. But your Fraud God blames it all on them, so therefore do all the Kool Aid Musk Fluffers who collectively have the independent thinking skills of a nat smashed head first into the windshield of a car. Oh…and a bit of a news flash for ya: For profit Corporations are not ‘dedicated’ to making the future ‘better and sooner’. They are dedicated to making profit for their investors. Period. The law even requires them to be. But…that Musk Fluffer Kool Aid has rotted your brain so much there really isn’t any point in, oh…injecting REALITY into any ‘discussion’ with you now, is there?

  128. Musk Fluffer! Musk Fluffer!What ‘profiteering parasites’? You referring to the short sellers? The short sale orders were there not to cause problems for Musk/Tesla but reflect the troubles Musk/Tesla already had. But your Fraud God blames it all on them so therefore do all the Kool Aid Musk Fluffers who collectively have the independent thinking skills of a nat smashed head first into the windshield of a car.Oh…and a bit of a news flash for ya: For profit Corporations are not ‘dedicated’ to making the future ‘better and sooner’. They are dedicated to making profit for their investors. Period. The law even requires them to be.But…that Musk Fluffer Kool Aid has rotted your brain so much there really isn’t any point in oh…injecting REALITY into any ‘discussion’ with you now is there?

  129. See? See how MTCZ the Musk Fluffer equates my ripping onto the Musk Fluffer Cultist Whackos as ‘hating Musk’? They all do this. They are deranged.

  130. See? See how MTCZ the Musk Fluffer equates my ripping onto the Musk Fluffer Cultist Whackos as ‘hating Musk’? They all do this. They are deranged.

  131. Hahahahah…and the CYA begins! But I never had you pegged as a Musk Fluffer, let alone a self-admitted one as you just did now. That was a surprise I never saw coming, I will admit. 🙂

  132. Hahahahah…and the CYA begins!But I never had you pegged as a Musk Fluffer let alone a self-admitted one as you just did now. That was a surprise I never saw coming I will admit. 🙂

  133. Nah. He had an offer on the table to step down and avoid a lawsuit but turned it down. Agree on the personal attack slant though, maybe Musk smells the rancor and feels he has a strong case to fight against what their threatening. Either way, a lawsuit like that can take years in which time he can get the 3 fully ramped up.

  134. Nah. He had an offer on the table to step down and avoid a lawsuit but turned it down. Agree on the personal attack slant though maybe Musk smells the rancor and feels he has a strong case to fight against what their threatening. Either way a lawsuit like that can take years in which time he can get the 3 fully ramped up.

  135. Why wouldn’t I come to the defense of somebody subject to an evidence free accusation? Seems like there’s a great need for that sort of defense at the moment. Like I said, people who succeed at difficult endeavors when sensible people predict failure have a common set of traits, and one of them is not taking seriously the opinions of others. This has upsides and downsides. Same reason political radicals tend to fall for conspiracy theories. Oh, and what makes you think I’m a “sexpat”? I engaged in marriage tourism, not sex tourism. And married a college graduate in her late 20’s.

  136. Why wouldn’t I come to the defense of somebody subject to an evidence free accusation? Seems like there’s a great need for that sort of defense at the moment.Like I said people who succeed at difficult endeavors when sensible people predict failure have a common set of traits and one of them is not taking seriously the opinions of others. This has upsides and downsides. Same reason political radicals tend to fall for conspiracy theories.Oh and what makes you think I’m a sexpat””? I engaged in marriage tourism”””” not sex tourism. And married a college graduate in her late 20’s.”””

  137. There’s a recent report that the SEC had negotiated a settlement with Tesla and Elon Musk, but the attorneys withdrew the settlement at the last minute. No reason given why they did, but I’m assuming that they must think they’ll prevail in a jury trial. To suggest that people lost money is bogus. Only if they planned to unload their shares would someone lose their money.

  138. There’s a recent report that the SEC had negotiated a settlement with Tesla and Elon Musk but the attorneys withdrew the settlement at the last minute. No reason given why they did but I’m assuming that they must think they’ll prevail in a jury trial. To suggest that people lost money is bogus. Only if they planned to unload their shares would someone lose their money.

  139. To suggest that people lost money is bogus” “Only if they planned to unload their shares would someone lose their money.” Those two sentences are contradictory. Shows that you don’t even know what stock investing is about.

  140. To suggest that people lost money is bogus””””””Only if they planned to unload their shares would someone lose their money.””””Those two sentences are contradictory. Shows that you don’t even know what stock investing is about.”””

  141. Who says the suit terms extend only to publicly traded firms? It is a lawsuit. Any damage award can be asked for and can be granted.

  142. Who says the suit terms extend only to publicly traded firms? It is a lawsuit. Any damage award can be asked for and can be granted.

  143. Ah yes. Now the conspiracy theories by those who can’t stand to simply acknowledge the simple truth of the matter because it pisses all over their cult fraud of god, Elon Musk. This is ALL an outcome of Musk’s poor behavior. Pure and simple. That’s it.

  144. Ah yes. Now the conspiracy theories by those who can’t stand to simply acknowledge the simple truth of the matter because it pisses all over their cult fraud of god Elon Musk. This is ALL an outcome of Musk’s poor behavior. Pure and simple. That’s it.

  145. Read what I just posted. Yeah. I am deliberately pouring gasoline on to the burning Musk Fluffers now. A$$holes deserve every thing I dish out at em.

  146. Read what I just posted.Yeah. I am deliberately pouring gasoline on to the burning Musk Fluffers now. A$$holes deserve every thing I dish out at em.

  147. Hahahahahahahahah! WHO said this was going to happen? ME WHO attacked me viciously for doing so? Tommy, one of the Igors and all the other Musk Fluffers on here who could not stand the fact that someone actually pointed out that their Cult Leader screwed the pooch! Then they attacked me personally as part of that. Well guess what, Musk Fluffers! Your Kool-Aid Detox is JUST beginning. Coming up: Another SEC lawsuit…this time directed against Tesla itself. $20 BILLION damage award AT LEAST, in my view. After that, CRIMINAL CHARGES by the DoJ filed against Musk. I advise you to actually WATCH the SEC press conference they gave yesterday. It was not-your-standard-bureaucratese thing. They PERSONALLY ATTACKED Musk. Brought up him using his girlfriend as an excuse for the $420 magical buyout price. Brought up how social media celebs won’t be getting a ‘exemption’ from the full might of the SEC, etc., etc. It was the closest thing of outright vindictiveness and viciousness I’ve ever seen from a bureaucracy. Clearly, they have been waiting to nail Musk for some time now. He’s screwed & tatooed, fluffers! (Again, JUST AS I SAID HERE ON NBF when this all started to come out) Go ahead and start the attacks one me. Shooting the messenger ALWAYS works, right? Whatever it takes to feed your denial of reality when it comes to your cult god of fraud. Whatever it takes, right?

  148. Hahahahahahahahah!WHO said this was going to happen? MEWHO attacked me viciously for doing so? Tommy one of the Igors and all the other Musk Fluffers on here who could not stand the fact that someone actually pointed out that their Cult Leader screwed the pooch! Then they attacked me personally as part of that.Well guess what Musk Fluffers! Your Kool-Aid Detox is JUST beginning. Coming up: Another SEC lawsuit…this time directed against Tesla itself. $20 BILLION damage award AT LEAST in my view. After that CRIMINAL CHARGES by the DoJ filed against Musk.I advise you to actually WATCH the SEC press conference they gave yesterday. It was not-your-standard-bureaucratese thing. They PERSONALLY ATTACKED Musk. Brought up him using his girlfriend as an excuse for the $420 magical buyout price. Brought up how social media celebs won’t be getting a ‘exemption’ from the full might of the SEC etc. etc. It was the closest thing of outright vindictiveness and viciousness I’ve ever seen from a bureaucracy. Clearly they have been waiting to nail Musk for some time now.He’s screwed & tatooed fluffers! (Again JUST AS I SAID HERE ON NBF when this all started to come out)Go ahead and start the attacks one me. Shooting the messenger ALWAYS works right? Whatever it takes to feed your denial of reality when it comes to your cult god of fraud. Whatever it takes right?

  149. What do you mean? According to you and the rest of the Musk fluffers, none of this was going to happen! Then you attacked me for saying it would!

  150. What do you mean? According to you and the rest of the Musk fluffers none of this was going to happen!Then you attacked me for saying it would!

  151. I suspect this may be an elaborate plot by Musk
    First get attacked by the SEC
    This mankes the stock plunge
    Then buy stock right
    Then settle with the SEC and say that cars are being made
    stock goes up again
    You get ricker richer yes!

  152. He can still run SpaceX as it is not publicly traded. No way ULA is doing this they can’t even build their own rocket engines. Trump wants to cancel SLS and replace it with SpaceX, so hardly against Musk.

  153. He can still run SpaceX as it is not publicly traded.No way ULA is doing this they can’t even build their own rocket engines.Trump wants to cancel SLS and replace it with SpaceX so hardly against Musk.

  154. The equivalent would be a wealthy white guy going to the most violent ghetto’s in Detroit. Why exactly would he be there unless it was for something illegal?” Such a fascinating though process.

  155. The equivalent would be a wealthy white guy going to the most violent ghetto’s in Detroit. Why exactly would he be there unless it was for something illegal?””Such a fascinating though process.”””

  156. It must be convenient to go through life evaluating what people say based not on the content of their speech but on your perception of who they are.

  157. It must be convenient to go through life evaluating what people say based not on the content of their speech but on your perception of who they are.

  158. So what? Pattaya is a tourist destination, there are people abusing children maybe, but the law in Thailand is very strict and cases o abuses are quite few He is also married ahd he provided photos of his wife/ companion There are a LOT o normal tourists in Pattaya You are accusing a guy without a proo and this is outrageous. You should think better before throwing baseless accusations What you are doing is very bad

  159. So what?Pattaya is a tourist destination there are people abusing children maybe but the law in Thailand is very strict and cases o abuses are quite few He is also married ahd he provided photos of his wife/ companion There are a LOT o normal tourists in Pattaya You are accusing a guy without a proo and this is outrageous. You should think better before throwing baseless accusations What you are doing is very bad

  160. It’s a civil case, so the standard is (whether it should be or not) the preponderance of the evidence. But then they also assign blame fractionally, and may assign most blame to the KSASWF representative even if they find against Musk.

  161. It’s a civil case so the standard is (whether it should be or not) the preponderance of the evidence. But then they also assign blame fractionally and may assign most blame to the KSASWF representative even if they find against Musk.

  162. Please MTCZ, enough of this “idealizing of the fearless leader” bs. He craves money and he’s skilled enough to accumulate billions of them, just like fellow billionaires. And there’s nothing wrong with that. Unfortunately, unlike his “colleagues” he also craves being the center of attention, and that’s his main problem (and maybe his only problem).
    He behaves like a spoiled celebrity teenager, but he’s an adult, leader of two multi billion $ companies and he should be treated the same and be subject to the same rules as other adults.

  163. So what you’re saying is that of the hundreds of millions of people who visit Thailand every year, all of them are pedophiles?!
    Or only the Caucasians? And it’s probably millions of these as well who visit Thailand, you’re saying they’re all pedophiles? Do you understand how insane this accusation is?!?!
    Is your love for Musk so great as to accuse millions of people of abusing children just to justify his narcissistic nonsense?!

    By the way, Colombia produces lots of cocaine, doesn’t mean everyone there is a cocaine dealer.
    The US has a mass shooting every month, doesn’t mean everyone is a psychopath with a garage fool of guns just waiting to go on a shooting rampage.
    Etc…

    You can’t generalize about other countries or other people!
    I would be careful if I were you about repeating the pedophile accusation unless you yourself have proof because in most countries it’s illegal to do it. Saying “but musk said so” is not a defense and you could go to prison.

  164. You are one Toxic personality. I have never seen you contribute any positives to this board. And you hostility towards Musk is extreme. Did you short the stock and get burned?

  165. The people losing money were the people who shorted TESLA stock. They have been using disinformation web sites like Zero hedge to write attack pieces constantly. The is the first time I have heard the SEC demand that a CEO be removed! How starnge!
    The same thing happened to Chipotle when they poisoned four stores to drive the stock price down. Yep the bacteria was highly unusual. The food supply chains were completely separate so there could be no singe source for this strange bacterial type. This was also the first time in history that the FDA could not trace where the food was tainted.

  166. Yea with all the fraud on wallstreet with short sellers lying and spreading false information to destroy company they go after Tesla for one tweet. And you cannot see what this is really about. The oligarchs want him stopped and since they control congress and they control the SEC it is just another tactic.

  167. That would make you happy since you seem to believe anything the corporate boys tell you to believe. Global warming is not real therefore the electric car is also a fraud. You hatred for him is based upon a attack campaign which you just seen to fall for every time.

    I knew the big boys were going to use any tactic they could to go after him. I invest for a living and think that the whore house they call the SEC is nothing but a tool for the oligarchs to strip wealth from the people and keep the oligarchs on top. So the first offer is for him to step down so they can take over. What a corrupt POS country this has become.

  168. I have not understood a word of what you said, just trash talk
    The quality of the commenters in this blog is going down a lot, you Angryyello, Warren the Troll and Tom Terkins
    Wow, this is becoming Throllland

  169. The complaint filed by the SEC in the Southern District Court of New York is a civil action demanding a jury trial for violations of SEC regulations, and lists Elon Musk as the sole defendant. The complaint lays out a solid case against Musk, and federal law allows for significant civil penalties for the alleged violations.

    Musk’s ownership in SpaceX might become an issue, since the federal government can seize any of Musk’s financial assets needed to pay civil penalties resulting from this court decision.

    https://www.sec.gov/litigation/complaints/2018/comp-pr2018-219.pdf

  170. He was a middle aged white guy going alone to Thailand, specifically Pattaya basically the prostitution capital of Thailand known for abusing children The equivalent would be a wealthy white guy going to the most violent ghetto’s in Detroit. Why exactly would he be there unless it was for something illegal? There are many area’s of Thailand, the vast majority of tourists wouldn’t be caught dead setting foot in Pattaya

  171. He was a middle aged white guy going alone to Thailand specifically Pattaya basically the prostitution capital of Thailand known for abusing children The equivalent would be a wealthy white guy going to the most violent ghetto’s in Detroit. Why exactly would he be there unless it was for something illegal? There are many area’s of Thailand the vast majority of tourists wouldn’t be caught dead setting foot in Pattaya

  172. Yeah because middle aged white men go to Thailand for the country rather for you know what. The area Pattaya beach is infamous for abusing children Defamation? I’m not seeing it All these middle aged white guys flying to Thailand alone without their families and spouses, surely it must be because of thailands great culture

  173. Yeah because middle aged white men go to Thailand for the country rather for you know what. The area Pattaya beach is infamous for abusing children Defamation? I’m not seeing itAll these middle aged white guys flying to Thailand alone without their families and spouses surely it must be because of thailands great culture

  174. Yeah a mass conspiracy caused Musk to claim that they had financiers who wanted to take the company private Despite all of the financiers saying they had no intentions of buying out Tesla and in fact stated the opposite that they felt Tesla was overvalued Musk committed a crime period, And its no small crime, many people lost money because Musk tweeted something that was blatantly untrue and that he knew was untrue. Letting him slide would create a dangerous precedent, any CEO would be able to tell their cronies to buy and sell before making a false tweet bilking millions of investors And ignorance of the law is no excuse, CEO’s of publically traded companies have very strict rules they have to follow by the SEC on what information they are allowed to divulge and what stocks they are allowed to sell.

  175. Yeah a mass conspiracy caused Musk to claim that they had financiers who wanted to take the company private Despite all of the financiers saying they had no intentions of buying out Tesla and in fact stated the opposite that they felt Tesla was overvaluedMusk committed a crime period And its no small crime many people lost money because Musk tweeted something that was blatantly untrue and that he knew was untrue. Letting him slide would create a dangerous precedent any CEO would be able to tell their cronies to buy and sell before making a false tweet bilking millions of investors And ignorance of the law is no excuse CEO’s of publically traded companies have very strict rules they have to follow by the SEC on what information they are allowed to divulge and what stocks they are allowed to sell.

  176. Musk Fluffer! Musk Fluffer!

    What ‘profiteering parasites’? You referring to the short sellers?

    The short sale orders were there not to cause problems for Musk/Tesla, but reflect the troubles Musk/Tesla already had. But your Fraud God blames it all on them, so therefore do all the Kool Aid Musk Fluffers who collectively have the independent thinking skills of a nat smashed head first into the windshield of a car.

    Oh…and a bit of a news flash for ya: For profit Corporations are not ‘dedicated’ to making the future ‘better and sooner’. They are dedicated to making profit for their investors. Period. The law even requires them to be.

    But…that Musk Fluffer Kool Aid has rotted your brain so much there really isn’t any point in, oh…injecting REALITY into any ‘discussion’ with you now, is there?

  177. Hahahahah…and the CYA begins!
    But I never had you pegged as a Musk Fluffer, let alone a self-admitted one as you just did now. That was a surprise I never saw coming, I will admit. 🙂

  178. There’s a history of British expats going to Thailand to fuck kids. It’s enough that the concentration of British paedophiles is lowered in Britain, but quite high in Thailand. Look up Gary Glitter, for a high profile case.

  179. There’s a history of British expats going to Thailand to fuck kids. It’s enough that the concentration of British paedophiles is lowered in Britain but quite high in Thailand. Look up Gary Glitter for a high profile case.

  180. Technically, despicable people can have integrity. People succeed when everybody predicts failure, because they don’t take other people’s opinions all that seriously. This has downsides, too.

  181. Technically despicable people can have integrity.People succeed when everybody predicts failure because they don’t take other people’s opinions all that seriously. This has downsides too.

  182. First they’ll need to prove his guilt (beyond reasonable doubt, was it?). Which they may well be able to do, but he does have resources to hire a strong lawyer team, so he may still wriggle his way out of this. We’ll see. But even if they do, as I understand, they can only “bar Musk from serving as an *officer or director* of a *publicly traded* company”. He may still be able to sit on the board, or if not, at least serve as a “consultant”. And he could still run a private company, such as SpaceX. Steve Jobs was fired from Apple back in the day (from his own company). He still came back later, and lifted Apple into the giant we know today. So “he’ll never be able to gain back the momentum” may or may not be true.

  183. First they’ll need to prove his guilt (beyond reasonable doubt was it?). Which they may well be able to do but he does have resources to hire a strong lawyer team so he may still wriggle his way out of this. We’ll see. But even if they do as I understand they can only bar Musk from serving as an *officer or director* of a *publicly traded* company””. He may still be able to sit on the board”” or if not”” at least serve as a “”””consultant””””. And he could still run a private company”” such as SpaceX.Steve Jobs was fired from Apple back in the day (from his own company). He still came back later”” and lifted Apple into the giant we know today. So “”””he’ll never be able to gain back the momentum”””” may or may not be true.”””

  184. Nah. He had an offer on the table to step down and avoid a lawsuit but turned it down.
    Agree on the personal attack slant though, maybe Musk smells the rancor and feels he has a strong case to fight against what their threatening. Either way, a lawsuit like that can take years in which time he can get the 3 fully ramped up.

  185. Why wouldn’t I come to the defense of somebody subject to an evidence free accusation? Seems like there’s a great need for that sort of defense at the moment.

    Like I said, people who succeed at difficult endeavors when sensible people predict failure have a common set of traits, and one of them is not taking seriously the opinions of others. This has upsides and downsides.

    Same reason political radicals tend to fall for conspiracy theories.

    Oh, and what makes you think I’m a “sexpat”? I engaged in marriage tourism, not sex tourism. And married a college graduate in her late 20’s.

  186. There’s a recent report that the SEC had negotiated a settlement with Tesla and Elon Musk, but the attorneys withdrew the settlement at the last minute. No reason given why they did, but I’m assuming that they must think they’ll prevail in a jury trial. To suggest that people lost money is bogus. Only if they planned to unload their shares would someone lose their money.

  187. “To suggest that people lost money is bogus”

    “Only if they planned to unload their shares would someone lose their money.”

    Those two sentences are contradictory. Shows that you don’t even know what stock investing is about.

  188. Ah yes. Now the conspiracy theories by those who can’t stand to simply acknowledge the simple truth of the matter because it pisses all over their cult fraud of god, Elon Musk.

    This is ALL an outcome of Musk’s poor behavior. Pure and simple. That’s it.

  189. Hahahahahahahahah!

    WHO said this was going to happen? ME

    WHO attacked me viciously for doing so? Tommy, one of the Igors and all the other Musk Fluffers on here who could not stand the fact that someone actually pointed out that their Cult Leader screwed the pooch! Then they attacked me personally as part of that.

    Well guess what, Musk Fluffers! Your Kool-Aid Detox is JUST beginning.

    Coming up: Another SEC lawsuit…this time directed against Tesla itself. $20 BILLION damage award AT LEAST, in my view. After that, CRIMINAL CHARGES by the DoJ filed against Musk.

    I advise you to actually WATCH the SEC press conference they gave yesterday. It was not-your-standard-bureaucratese thing. They PERSONALLY ATTACKED Musk. Brought up him using his girlfriend as an excuse for the $420 magical buyout price. Brought up how social media celebs won’t be getting a ‘exemption’ from the full might of the SEC, etc., etc.

    It was the closest thing of outright vindictiveness and viciousness I’ve ever seen from a bureaucracy. Clearly, they have been waiting to nail Musk for some time now.

    He’s screwed & tatooed, fluffers! (Again, JUST AS I SAID HERE ON NBF when this all started to come out)

    Go ahead and start the attacks one me. Shooting the messenger ALWAYS works, right?

    Whatever it takes to feed your denial of reality when it comes to your cult god of fraud. Whatever it takes, right?

  190. Wow, putting Musk out of business, essentially for life since he’ll never be able to gain back the momentum he’ll lose if the SEC wins this suit, for a first time offense, and a Tweet at that. I’m not a Muskovite, but that is pretty harsh. There are repeat offenders in the banking and finance industry that have been fined repeatedly for fraud and yet are still allowed to continue on as CEOs. This seems pretty over-the-top. Perhaps Trump wants to MAGA with gas-powered cars instead of electric. Way to take the wind out of the future. Sheesh…

  191. Wow putting Musk out of business essentially for life since he’ll never be able to gain back the momentum he’ll lose if the SEC wins this suit for a first time offense and a Tweet at that. I’m not a Muskovite but that is pretty harsh. There are repeat offenders in the banking and finance industry that have been fined repeatedly for fraud and yet are still allowed to continue on as CEOs. This seems pretty over-the-top. Perhaps Trump wants to MAGA with gas-powered cars instead of electric. Way to take the wind out of the future. Sheesh…

  192. He can still run SpaceX as it is not publicly traded.

    No way ULA is doing this they can’t even build their own rocket engines.

    Trump wants to cancel SLS and replace it with SpaceX, so hardly against Musk.

  193. “The equivalent would be a wealthy white guy going to the most violent ghetto’s in Detroit. Why exactly would he be there unless it was for something illegal?”

    Such a fascinating though process.

  194. So what?
    Pattaya is a tourist destination, there are people abusing children maybe, but the law in Thailand is very strict and cases o abuses are quite few
    He is also married ahd he provided photos of his wife/ companion
    There are a LOT o normal tourists in Pattaya
    You are accusing a guy without a proo and this is outrageous.
    You should think better before throwing baseless accusations
    What you are doing is very bad

  195. It’s a civil case, so the standard is (whether it should be or not) the preponderance of the evidence. But then they also assign blame fractionally, and may assign most blame to the KSASWF representative even if they find against Musk.

  196. Lets recap: 1. Mr Musk for months warns the dastardly shorts about getting destroyed 2. Mr Musk tweets about taking Tesla private at a significantly higher price than the going price 3. Stock goes up 4. Shorts get destroyed 5. Whoopsie! Drugs! Funding not quite as secured as tweet led people to believe 6. No matter what happens the lawyers win

  197. Lets recap:1. Mr Musk for months warns the dastardly shorts about getting destroyed2. Mr Musk tweets about taking Tesla private at a significantly higher price than the going price3. Stock goes up4. Shorts get destroyed5. Whoopsie! Drugs! Funding not quite as secured as tweet led people to believe6. No matter what happens the lawyers win

  198. Well he tweeted his stock up to an all time high after he got high at the end of a three month long tweet storm about destroying the shorts. So yeah it was obvious where this was going.

  199. Well he tweeted his stock up to an all time high after he got high at the end of a three month long tweet storm about destroying the shorts.So yeah it was obvious where this was going.

  200. I feel like this is the government trying to get a handle on a game changing industry before it gets out of control, and ruins a sizable chunk of the fossil fuel industry that stuffs giant wads of cash into the pockets of politicians. *dons his flak jacket snd smugly awaits some kind of flaming lol* I bet Preston Tucker is beating on the inside of his coffin to have a chance to defend Musk. I mean, not that Musk is, like, the most stand-up guy in history. But, I’ll keep this family-friendly. He’s a smarty-pants, though!

  201. I feel like this is the government trying to get a handle on a game changing industry before it gets out of control and ruins a sizable chunk of the fossil fuel industry that stuffs giant wads of cash into the pockets of politicians. *dons his flak jacket snd smugly awaits some kind of flaming lol*I bet Preston Tucker is beating on the inside of his coffin to have a chance to defend Musk. I mean not that Musk is like the most stand-up guy in history. But I’ll keep this family-friendly. He’s a smarty-pants though!

  202. Yep, these are golden career making opportunities for them. They will make damn sure no stone is left unturned.

  203. Yep these are golden career making opportunities for them.They will make damn sure no stone is left unturned.

  204. never compromised his integrity” Yes, cuz nothing says you have integrity more than calling a cave rescuer a pedophile without any proof what so ever. What a despicable person. A monkey could have predicted that that tweet (funding secured) would get him in trouble, and he did it anyway because he has a mars sized ego and thinks he’s above the law. Hope the fine is big enough to ground him a bit.

  205. ever compromised his integrity””Yes”” cuz nothing says you have integrity more than calling a cave rescuer a pedophile without any proof what so ever.What a despicable person.A monkey could have predicted that that tweet (funding secured) would get him in trouble”” and he did it anyway because he has a mars sized ego and thinks he’s above the law. Hope the fine is big enough to ground him a bit.”””

  206. He was a middle aged white guy going alone to Thailand, specifically Pattaya basically the prostitution capital of Thailand known for abusing children

    The equivalent would be a wealthy white guy going to the most violent ghetto’s in Detroit. Why exactly would he be there unless it was for something illegal?

    There are many area’s of Thailand, the vast majority of tourists wouldn’t be caught dead setting foot in Pattaya

  207. Yeah because middle aged white men go to Thailand for the country rather for you know what.

    The area Pattaya beach is infamous for abusing children

    Defamation? I’m not seeing it

    All these middle aged white guys flying to Thailand alone without their families and spouses, surely it must be because of thailands great culture

  208. Yeah a mass conspiracy caused Musk to claim that they had financiers who wanted to take the company private

    Despite all of the financiers saying they had no intentions of buying out Tesla and in fact stated the opposite that they felt Tesla was overvalued

    Musk committed a crime period,

    And its no small crime, many people lost money because Musk tweeted something that was blatantly untrue and that he knew was untrue.

    Letting him slide would create a dangerous precedent, any CEO would be able to tell their cronies to buy and sell before making a false tweet bilking millions of investors

    And ignorance of the law is no excuse, CEO’s of publically traded companies have very strict rules they have to follow by the SEC on what information they are allowed to divulge and what stocks they are allowed to sell.

  209. Ouch. People get away with things all the time, but prosecutors love to make examples of high profile people that make stoopid public mistakes…

  210. Ouch. People get away with things all the time but prosecutors love to make examples of high profile people that make stoopid public mistakes…

  211. There’s a history of British expats going to Thailand to fuck kids. It’s enough that the concentration of British paedophiles is lowered in Britain, but quite high in Thailand. Look up Gary Glitter, for a high profile case.

  212. Technically, despicable people can have integrity.

    People succeed when everybody predicts failure, because they don’t take other people’s opinions all that seriously. This has downsides, too.

  213. First they’ll need to prove his guilt (beyond reasonable doubt, was it?). Which they may well be able to do, but he does have resources to hire a strong lawyer team, so he may still wriggle his way out of this. We’ll see. But even if they do, as I understand, they can only “bar Musk from serving as an *officer or director* of a *publicly traded* company”. He may still be able to sit on the board, or if not, at least serve as a “consultant”. And he could still run a private company, such as SpaceX.

    Steve Jobs was fired from Apple back in the day (from his own company). He still came back later, and lifted Apple into the giant we know today. So “he’ll never be able to gain back the momentum” may or may not be true.

  214. Wow, putting Musk out of business, essentially for life since he’ll never be able to gain back the momentum he’ll lose if the SEC wins this suit, for a first time offense, and a Tweet at that. I’m not a Muskovite, but that is pretty harsh. There are repeat offenders in the banking and finance industry that have been fined repeatedly for fraud and yet are still allowed to continue on as CEOs. This seems pretty over-the-top. Perhaps Trump wants to MAGA with gas-powered cars instead of electric. Way to take the wind out of the future. Sheesh…

  215. Lets recap:

    1. Mr Musk for months warns the dastardly shorts about getting destroyed
    2. Mr Musk tweets about taking Tesla private at a significantly higher price than the going price
    3. Stock goes up
    4. Shorts get destroyed
    5. Whoopsie! Drugs! Funding not quite as secured as tweet led people to believe
    6. No matter what happens the lawyers win

  216. Well he tweeted his stock up to an all time high after he got high at the end of a three month long tweet storm about destroying the shorts.

    So yeah it was obvious where this was going.

  217. I feel like this is the government trying to get a handle on a game changing industry before it gets out of control, and ruins a sizable chunk of the fossil fuel industry that stuffs giant wads of cash into the pockets of politicians.
    *dons his flak jacket snd smugly awaits some kind of flaming lol*
    I bet Preston Tucker is beating on the inside of his coffin to have a chance to defend Musk. I mean, not that Musk is, like, the most stand-up guy in history. But, I’ll keep this family-friendly.
    He’s a smarty-pants, though!

  218. “never compromised his integrity”
    Yes, cuz nothing says you have integrity more than calling a cave rescuer a pedophile without any proof what so ever.
    What a despicable person.
    A monkey could have predicted that that tweet (funding secured) would get him in trouble, and he did it anyway because he has a mars sized ego and thinks he’s above the law. Hope the fine is big enough to ground him a bit.

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