Tesla CEO Elon Musk is reportedly under SEC investigation over Dogecoin tweets

[Butterfly]

no point discussing with retards who can't even read or understand SEC securities laws, period.

like I said, educate yourself, it's quite obvious you are not getting it and this is above your level of understanding

the SEC knows what it's doing, they don't start investigations out of the fucking blue so retards like you can go apeshit

god, what is it with clueless idiots who think they got all the securities laws figured out with the logic of a 5yr old LOL

 

[Bugsy]

no point discussing with retards who can't even read or understand SEC securities laws, period.

like I said, educate yourself, it's quite obvious you are not getting it and this is above your level of understanding

the SEC knows what it's doing, they don't start investigations out of the fucking blue so retards like you can go apeshit

god, what is it with clueless idiots who think they got all the securities laws figured out with the logic of a 5yr old LOL

Thank you. You've just proven my entire last post with this deflection. No I'm not a psychic. I just knew you had no idea wtf you were talking about, and you've just proven it to everyone by not providing this mythical law that does not exist. You're not fooling anyone with your deflection and failure to back up your claim.

The fact you're stating the bureaucracy and government does not start investigations over nothing shows just how ignorant and clueless you truly are. You're just proving you were a clueless fucking moron the entire time. Not wasting my time arguing with you anymore. It's clear you don't know wtf you're talking about.

 

[Cuddles]

I'm not. I was assuming you were saying him tweeting it was the violation. But if what he was tweeting was in fact a true statement, about securing funding, than a tweet is no different than issuing a public statement. Him stating it was going to $420 was his opinion, and CEOs and officers have given their opinion on share price in light of news for forever in interviews.

Elon has been criticizing the SEC publicly for years. It comes as no surprise to me they continually ticky tack him on anything they deem questionable. Had this same statement of funding been released by the company in a press release no one would have batted an eye.

I don't believe that latest round of funding (Qatari if I recall), was secured at the time of the tweet. That closed a few days or weeks later after the price had rocketed on these and "let's go private" tweets.

You really don't see how manipulating a price and jawboning shorts to continuously keep money coming in is a problem?

 

[Cuddles]

Thank you. You've just proven my entire last post with this deflection. No I'm not a psychic. I just knew you had no idea wtf you were talking about, and you've just proven it to everyone by not providing this mythical law that does not exist. You're not fooling anyone with your deflection and failure to back up your claim.

The fact you're stating the bureaucracy and government does not start investigations over nothing shows just how ignorant and clueless you truly are. You're just proving you were a clueless fucking moron the entire time. Not wasting my time arguing with you anymore. It's clear you don't know wtf you're talking about.

Musk had to cut a deal, the SEC did not open an investigation "over nothing". The fact they're neutered from meeting justice to top earners doesn't change that.

 

[Bugsy]

I don't believe that latest round of funding (Qatari if I recall), was secured at the time of the tweet. That closed a few days or weeks later after the price had rocketed on these and "let's go private" tweets.

You really don't see how manipulating a price and jawboning shorts to continuously keep money coming in is a problem?

I'd find it a bit difficult to believe funding miraculously fell into place conveniently after the tweet, rather than having already been established before. Would you consider it manipulation if Tesla had released a press release stating they had secured funding, or would that be informing your investors on the status of their company? This is done rather frequently through press releases. If the statement is indeed a fact then it is not manipulation, it is a fact. Now if he had stated it and there was never any funding in the picture THAT would be manipulation. I don't see how updating your investors with a factual piece of information on the status of their company could ever be construed as manipulation.

 

[Bugsy]

Musk had to cut a deal, the SEC did not open an investigation "over nothing". The fact they're neutered from meeting justice to top earners doesn't change that.

I would say it was more about them cutting a deal to save face, but that's just my opinion.

 

[Butterfly]

Thank you. You've just proven my entire last post with this deflection. No I'm not a psychic. I just knew you had no idea wtf you were talking about, and you've just proven it to everyone by not providing this mythical law that does not exist. You're not fooling anyone with your deflection and failure to back up your claim.

The fact you're stating the bureaucracy and government does not start investigations over nothing shows just how ignorant and clueless you truly are. You're just proving you were a clueless fucking moron the entire time. Not wasting my time arguing with you anymore. It's clear you don't know wtf you're talking about.

god, you talk like a 5yr old, you frigging millennial idiot

 

[Cuddles]

I'd find it a bit difficult to believe funding miraculously fell into place conveniently after the tweet, rather than having already been established before. Would you consider it manipulation if Tesla had released a press release stating they had secured funding, or would that be informing your investors on the status of their company? This is done rather frequently through press releases. If the statement is indeed a fact then it is not manipulation, it is a fact. Now if he had stated it and there was never any funding in the picture THAT would be manipulation. I don't see how updating your investors with a factual piece of information on the status of their company could ever be construed as manipulation.

https://web.archive.org/web/2019112...rounding-tweet-from-teslas-musk-idUSKCN1M8139

 

[Bugsy]

https://web.archive.org/web/2019112...rounding-tweet-from-teslas-musk-idUSKCN1M8139

So the SA exec made a verbal agreement. Verbal agreements are legally binding. Elon acted on that verbal agreement. How is that manipulation? You say the SEC gave him a sweetheart deal because of who he is. I say it's because they didn't have a solid case. All the existential evidence going on behind the scenes points to Elon in full belief the agreement was sound. That's not manipulation. Bad judgment perhaps, but not manipulation.

 

[Cuddles]

So the SA exec made a verbal agreement. Verbal agreements are legally binding. Elon acted on that verbal agreement. How is that manipulation? You say the SEC gave him a sweetheart deal because of who he is. I say it's because they didn't have a solid case. All the existential evidence going on behind the scenes points to Elon in full belief the agreement was sound. That's not manipulation. Bad judgment perhaps, but not manipulation.

read it again