Elon Musk’s defense of his Tesla tweets ‘borders on the ridiculous,’ SEC says - News Summed Up

Elon Musk’s defense of his Tesla tweets ‘borders on the ridiculous,’ SEC says


Tesla CEO Elon Musk. “Musk’s contention — that the potential size of a car company’s production for the year could not reasonably be material — borders on the ridiculous,” SEC officials wrote. “Musk’s shifting justifications suggest that there was never any good faith effort to comply with the Court’s order and the Tesla Policy. The SEC attorneys included a bulleted list of 10 other topics Musk tweeted about that would have violated the deal, as well as printouts of Musk’s tweets. ... Tesla remains a story of vision, steered, for better or for worse, by Elon Musk.”


Source: Washington Post March 19, 2019 01:03 UTC



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