bkp_duke
Well-Known Member
But it DIDN'T give rise to a contract. The pursuit to take Tesla private was abandoned by Musk. Funding was clearly not secured.
-
Want to remove ads? Register an account and login to see fewer ads, and become a Supporting Member to remove almost all ads.
SEC Lawsuit
- Thread starter Buggle
- Start date
-
- Tags
- Elon Musk Tesla Inc.
But it DIDN'T give rise to a contract. The pursuit to take Tesla private was abandoned by Musk. Funding was clearly not secured.
dqd88
Member
dqd88
Member
LOL - the Saudi's and Elon HAD A MEETING AND AGREED TO GO PRIVATE WITH SAUDI BACKING
bkp_duke
Well-Known Member
bkp_duke
Well-Known Member
Nice try, shorty. But Bob would never have a garage like mine.
That is Bob Lutz Kryptonite.
Apparently it isn't possible to voice any criticism of Musk without being accused of being either a "short" or a representative of the great petroleum conspiracy. Even Musk's most bizarre behaviour is supposed to be reasonable.
This "pedo" thing, what the h*** is that about? Getting caught with the hand in the tiller, bedding the wrong woman, whatever, at least that's adult misconduct. Hurling actionable insults on the internet because a basically random guy gets a bit shirty? You should lay that off after your teenage years. Additionally, most people use aliases so that unwise stuff they posted after hitting the booze (or whatever else) doesn't come back to bite them in the morning.
BTW, I do trust that people at the SEC are more familiar with securities law than random people in a forum.
This "pedo" thing, what the h*** is that about? Getting caught with the hand in the tiller, bedding the wrong woman, whatever, at least that's adult misconduct. Hurling actionable insults on the internet because a basically random guy gets a bit shirty? You should lay that off after your teenage years. Additionally, most people use aliases so that unwise stuff they posted after hitting the booze (or whatever else) doesn't come back to bite them in the morning.
BTW, I do trust that people at the SEC are more familiar with securities law than random people in a forum.
dqd88
Member
you got daddy's hand me down when he got the X.Nice try, shorty. But Bob would never have a garage like mine.
View attachment 338941
That is Bob Lutz Kryptonite.
admit it, you're an ICE operative. if not, then stop spreading lies about your lord and savior Elon Musk
Brando
Active Member
US Securities Law - any idea how ironic that sounds here in the land of Wall Street?
Actually, considering what our Banksters get away with, I'm pleasantly surprised to find any SEC charges.
FCPA Unit Statistics 2017 • 24 individuals charged • 18 individuals pleaded guilty • 3 individuals convicted at trial • 7 corporate criminal enforcement actions, resulting in $822 million in corporate U.S. criminal fines, penalties, and forfeiture, and total enforcement action amounts payable to U.S. and foreign authorities of $2.5 billion • 2 declinations under the former FCPA Pilot Program in which the companies agreed to disgorge illicit profits totaling more than $15.2 million to either the Department or the SEC.
Sadly, the fines never seem to go to the victims of these frauds. And the fines are often considered simple cost of doing business.
Especially outrageous are the Bank Drug Cartel Laundering cases.
Actually, considering what our Banksters get away with, I'm pleasantly surprised to find any SEC charges.
FCPA Unit Statistics 2017 • 24 individuals charged • 18 individuals pleaded guilty • 3 individuals convicted at trial • 7 corporate criminal enforcement actions, resulting in $822 million in corporate U.S. criminal fines, penalties, and forfeiture, and total enforcement action amounts payable to U.S. and foreign authorities of $2.5 billion • 2 declinations under the former FCPA Pilot Program in which the companies agreed to disgorge illicit profits totaling more than $15.2 million to either the Department or the SEC.
Sadly, the fines never seem to go to the victims of these frauds. And the fines are often considered simple cost of doing business.
Especially outrageous are the Bank Drug Cartel Laundering cases.
Prove it.Nice try, shorty. But Bob would never have a garage like mine.
View attachment 338941
That is Bob Lutz Kryptonite.
(Must you be SO argumentative???????????)
You have absolutely no idea what you’re talking about.
That will be the sticking point. As far as Elon is concerned, funding was secured enough that he was considering taking Tesla private. He threw the tweet out as a forward looking statement to generate public response on his consideration. The SEC seems to disagree and is suing Elon to get a resolution. I expect there will be a lot of back and forth between lawyers. We'll see who wins.
The bad thing is the distraction this will cause.
dqd88
Member
that what people say who are insecure and don't have an argument.
dqd88
Member
lol - you think Elon and the Saudi's are lying? Were you there? Was the SEC there?
If it were a forward looking statement, then the tweet should have included the "safe harbor" preamble.
But tweeting is NOT a CEO communication platform ... to begin to include it.
dqd88
Member
Actually tweeting it is if you let investors know, and they did.
Brando
Active Member
Looking at the last year of Tesla stock prices seems the SEC lawsuit was the "cause" for the largest volatility of Tesla stock price.
NOT Elon tweets. right??
ps- SEC didn't mention anyone doing actual jail time - <$3 billion of fraud.
NOT Elon tweets. right??
ps- SEC didn't mention anyone doing actual jail time - <$3 billion of fraud.
Last edited:
dqd88
Member
tweeting IS a CEO communication platform
Barklikeadog
Active Member
dqd88
Member
Some news... as I was saying...
Musk believes the SEC’s effort is flawed in assuming that a written agreement and fixed price were necessary for a deal, the person said. Musk also thinks regulators aren’t taking into account that Middle Eastern businesses routinely operate using verbal agreements in principle, the person said.
link Elon Musk believed he had verbal deal with Saudis to take Tesla private
Similar threads
