Tesla shares fall on report SEC asks judge to hold Elon Musk in contempt
cnbc.comThe article references his Feb 19th tweet about production as the catalyst for this. Referenced tweet: https://twitter.com/elonmusk/status/1098013283372589056
Not really surprising. Hard to imagine a more cut and dried way he could've violated his settlement than lying about production rates.
At least this time he tweeted outside of market hours.
Nothing special, 5% is normal. After the last one, we know they will just hit them with a slap in the wrist.
Would be great if we stop shooting our leading tech pioneers in the foot. Yeah, Musk is a bit of an asshole, but he gets stuff done. He makes things that are useful, and drives innovation.
We didn't shoot him in the foot, he shot himself in the foot. He knows the rules, but he obviously doesn't care, and it's undermining his ability to get stuff done.
Yes, he broke the rules and now he is going to be busy dealing with the fallout instead of continuing to bring the advances of science to the masses. How is this a good thing? Why do we have rules that do this? That is what I mean by shooting him in the foot. This is not an outcome that we want, and our rules got us here.
Following rules != Good for the human race
And that gives him the right to blatantly violate the law exactly how?
...and justice for all