Crazy Elon vs. the SEC, Round Two - News Summed Up

Crazy Elon vs. the SEC, Round Two


If Elon Musk didn’t have more compelling things that require his attention, we might say he has the Securities and Exchange Commission right where he wants it. He seems intent on blowing a big hole in the agency’s credibility when it comes to enforcing public company disclosure rules. His latest offense was almost diabolically innocuous. It was a PR tweet, exclaiming over Tesla’s growth since producing its first car in 2008. Nobody really cared that he implied that Tesla would build 500,000 cars in 2019.


Source: Wall Street Journal March 01, 2019 23:31 UTC



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