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A comment on Tesla Faces U.S. Criminal Probe Over Musk Statements. Parent comment

Re:Tesla Faces U.S. Criminal Probe Over Musk Statements by dforrestwilson on Tuesday September 18, 2018 @04:00PM (#18018605)
It’s irrelevant where it is said so long as it is said publicly.

Edit: This is the same reason Elon is now being sued for "Twibel". You cannot say state lies publicly without legal repercussions. "Funding secured" is classified as material non-public information.

I used to work in finance and regulatory compliance.

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Re:Tesla Faces U.S. Criminal Probe Over Musk Statements by pbreit on Tuesday September 18, 2018 @04:02PM (#18018632)
I'm guessing there is a HUGE difference between, say, Twitter, and a regulatory filing.
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Re:Tesla Faces U.S. Criminal Probe Over Musk Statements by collinmanderson on Tuesday September 18, 2018 @04:07PM (#18018659)
Tesla regulatory filings mention to his twitter account as an official source of news.
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Re:Tesla Faces U.S. Criminal Probe Over Musk Statements by GW150914 on Tuesday September 18, 2018 @04:05PM (#18018652)
There’s no requirement that he lie that way in a regulatory filing, previous posters are trying to explain to you that it’s enough to make the claim publically. Lying in a filing would be a different crime.
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Re:Tesla Faces U.S. Criminal Probe Over Musk Statements by dforrestwilson on Tuesday September 18, 2018 @04:08PM (#18018673)
You would be wrong, but the bigger issue will be claims of stock manipulation rather than Reg FD violation.
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