Oops.
Elon Musk's epic bacon adventures
- Thread starter Eboue
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from bloomberg
do you know if thats a credible possibility or this just a standards SEC thing to apply more pressure?
If the SEC are pushing it then it would be taken seriously. Not sure how much evidence they have to back up their complaint though.
Turns out the ‘420’ price really was a weed reference. 
I've been vindicatedI think a lot... I mean he publicly wrote things on twitter that when CEO of a listed company you can't as its market manipulation (not sure what they will enforce in terms of fine and or stepping down)
That psycho refused settlement? Going head on against the federal government, I wonder in how many different ways that could end. I think one.
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Got off pretty easy since he gets to remain CEO.
Not sure if investors will like the fact that he will remain CEO.
I wouldn't think they would mind since Musk's lead role has been part of the company's allure over the years.
Except he was not acting like a substance abuser back then.
The new board can sack him now. Though that would be suicide for the company.
Doing what Apple did to Jobs? Nah, it won't end well. Musk is having a mare though, he really should get out of Twitter.
These fines for the ultra stinking unfathomably rich are so silly. It would be a fun idea to make fines relative to your salary, but take guys like Elon Musk as an origin point instead of vice versa. Can't wait to get a 3 cent speeding ticket for going 400 miles an hour in a residential area.
20 million is not a small fine. It's not like he carries 20 billion in his backpocket, don't confuse someone's net worth with their disposable income.
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Yeah, the 20 million isn't exactly for a speeding ticket though is it? If I'm convicted of fraud, I suspect the fine would exceed both my disposable income and net worth. Probably the net worth of my entire family too.
You can hardly deny that the rules don't really apply to the super rich. I mean sure, they can't indiscriminately murder people, but a bit of fraud here, bit of tax evasion there, no problemo.
I can't argue with most of that. He wasn't convicted of fraud though, it's basically a "warning" for his erratic behaviour (lies on twitter, etc) which was negatively affecting his investors.
I was bored at work and ran a compliance check on him and the photo they’ve used on his enforcement makes him look like such a fecking lizard person
Yeah, it's not fraud he committed. It's about publicity regulation for stock index companies. Fraud would require proof of him actually making money off the comments. It'd be punished harsher for sure too.
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heres a good reminder that all billionaires are evil
I don't believe it's possible to be a billionaire without being evil.
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Been listening to musk on joe rogans podcast. An enigma if there ever was one. Seems slightly mad with some of the shit he talks about. Yet he's been so successful
its almost as if we dont live in a meritocracy
Right, but Musk takes the example to extremes. He's batshit mental.
Wat
Wat
I don't see how a handshake, without any context, means anything about Bill Gates. People still go to City's games. Are they evil, too?
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YesI don't see how a handshake, without any context, means anything about Bill Gates. People still go to City's games. Are they evil, too?
I am sure the Glazers are a NGO and with their oil and banking business are saints. Makes that Manchester United evil?
Just saying...
And you supporting Barca too.
Was the rocket electric, you cnut?
And? is owned by the fans, no ones own it