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follow OccasionalCortex 2018 Sep 27, 1:47pm
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I'm listening to the press conference, he's totally fucked.
Like I said, they were brutal.
I said it before and I say it again: Twitter is idiotic.
Since when is it illegal to shaft innocent shorters for personal gain?
Heraclitusstudent saysSince when is it illegal to shaft innocent shorters for personal gain? What do shorters have ANYTHING to do with this? Nothing.Only Certified Kool-Aid Drinkin' Musk Fluffers say this kind of nonsense, from what I have observed.
Doesnt musk have a public feud with TSLA short sellers, or at least a track record of denigrating them?
I'm pretty neutral: I think Tesla is hyped up bogus stuff, but I love SpaceX and unlike Tesla, products have been successfully demo'd.
If the SEC takes him down for illegal activity, right on.
Hopefully Tesla has competent people behind him to continue on
Tesla is damned with Musk and damned w/o him.
It's easy to jump to this conclusion
It's easy to jump to this conclusion, and of course there's enough evidence to back it up, but I still wouldn't be too hasty
Elon Musk did nothing wrong
Strategist saysElon Musk did nothing wrongSecurities fraud is not 'nothing wrong'. And he did commit securities fraud as the proof is there. It's a slam dunk case as far as the law goes.Only Musk Fluffers drinking his Kool Aid respond as you have, btw. Same pattern.
The only pattern I see is......Musk is guilty without being proven guilty.
There's always the option of Musk staying on at Tesla, just not as CEO. Some sort of bullshit visionary role. Whether Musk would abide a demotion like that is debatable. But if Tesla kept him around that would certainly calm investors..
It was an honest mistake he may walk away w a relative slap on the wrist. Given the $20 billion monetary ramifications, who knows what a slap on the wrist could mean. Is a $25 million fine a slap on the wrist?
You should be President.
Musk is guilty without being proven guilty.
Strategist saysYou should be President.So you want someone who committed securities fraud to be POTUS? Well, ok then. Thanks for being up front about it. :)
Strategist saysMusk is guilty without being proven guilty. In this case, the evidence is all out there. His tweets with false information of material significance to Tesla and those trading Tesla shares., violating SEC regs, people losing money. If twenty people see someone commit murder and it is video recorded and then that video recorded is then tweeted, you saying that the person who committed that murder isn't guilty when there is proof for all to see even w/o a court of law? Ok. I guess we live in different realities.
There was no security fraud.
Securities fraud, also known as stock fraud and investment fraud, is a deceptive practice in the stock or commodities markets that induces investors to make purchase or sale decisions on the basis of false information.
Strategist saysThere was no security fraud. What planet are you on? Yes. There was. His tweet with fake information about Tesla caused the stock price to go up. That meant people purchased shares based upon his information. That's stock manipulation to commit security fraud. Then after markets closed and said investors could not exit out, he basically tweeted, "Uh....forget all that I said in my last tweet" thus causing material loses. Not to mention all those hold short positions -- which has repeatedly stated before that he was out to get those guys.
The only pattern I see is......Musk is guilty without being proven guilty. I'm willing to bet he will beat the rap.
There was no fraud, Musk did not profit in any way with his statements.
Strategist saysThere was no fraud, Musk did not profit in any way with his statements.He doesn't have to profit directly from making such statements. Learn about that which you try to douse in Musk Fluffing Kool Aid.