Elon Musk Guilty of Felony Fraud

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WarlockGnome's picture

OMG  he was making a joke about getting in trouble for smoking weed because he was public.   420 yall,   fuck people are stupid. 

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danmanjones's picture

Apparently some Wall St. gamblers who shorted Tesla stock are sueing him because the stock rose 6% when he made this announcement.

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theblackswordsman's picture
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I wouldn't count this as fraud. Underhanded and manipulative? Yes.

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danmanjones's picture

It went beyond the $420 tweet, he claimed it was legit & he has the backers to go private when people asked him if it was a joke. He's CEO of a public company & subject to SEC regulations. I have no idea of much beyond that.

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theblackswordsman's picture
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According to the allegation. "I am CONSIDERING taking Tesla private at $420 (With) Funding secured."

 

I believe it was a legit CONSIDERATION.  And that he would not go private until he had finacial backers.

 

The devil is in the details.

 

 

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danmanjones's picture

ah okay, cool. I hope he wins the case against the short-selling cockroaches.

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Mori's picture

The whole situation is clearly being orchestrated by the martians that don't want him to go over there.

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