SEC’s Tussle With Tesla’s Elon Musk Shows Challenge of Regulating Iconic CEOs

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The SEC and Tesla’s board face the same conundrum: How to reprimand Elon Musk without causing potential harm to investors

Any action that curtails Elon Musk’s leadership responsibilities risks hurting the value of Tesla because his identity is closely intertwined with the company’s value, one observer said. Photo: Kiichiro Sato/Associated Press 1 Comments By Tatyana Shumsky and Tatyana Shumsky The Wall Street Journal BiographyTatyana Shumsky @MissShumsky Tatyana.Shumsky@wsj.com Nina Trentmann Nina Trentmann The Wall Street Journal BiographyNina Trentmann @Nina_Trentmann nina.trentmann nina.trentmann@wsj.com Feb.

“The SEC has bent over backwards to allow Tesla to continue to get the benefits of Musk’s creative genius, but they have also attempted to put in place procedures and methodologies to prevent shareholders from being misled by his tweets,” said Harvey Pitt, former chairman of the SEC. The regulator and Tesla’s board face the same conundrum if he is found in contempt: how to reprimand Mr. Musk without causing potential harm to investors. Mr.

 

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elonmusk Tesla This can't be done. It's like severing the body from the soul or the heart from the body. God bless, Proverbs 31

Wait, why not do both?

Weren’t investors harmed by his tweet? Where is the accountability? How long does this behaviour need to go on before it all crashes down?

Why shouldn't investors be harmed? The market has incorporated Musk's schmuckery into the price of Tesla stock.

Tesia -Elon Musk 는 투자자에게, 어떠한 피해도 줄 수 없을것 입니다. LA시사논평;1980년 광주사태 518 가짜 유공자 명부 11; 임수경-1965년생-당시 13세 12;김경수-1966년생-당시14세 13;표창원-1966.05.03-당시14세 보상금 6억~8억.;서영교 당시 16세.

Musk is TESLA.

You mean cult followers... big difference.

Proof there are different rules for the 1%

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SEC asks judge to hold Tesla’s Elon Musk in contempt, saying he violated settlement dealMusk didn't comply with a part of the settlement that required Tesla to review his potentially market-moving tweets before they were published, the SEC said. Lol These SEC officials are beholden to bog oil Good lord. “Potentially market-moving tweets”. Yet we have an alleged “president” who screws with the public every day. Where’s the reality?
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