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Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ... by nigealj on Thursday September 27, 2018 @04:35PM (#18088351)
This is a serious deal. The rest of the year is going to be a real test for Tesla! It'll be real interesting to see if they can rebound from this.

I wonder if the Tesla board is thinking of doing an Uber and replace Musk with a more calmer executive! Wouldn't be surprised if he gets fired after this.

Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ... by twblalock on Thursday September 27, 2018 @04:38PM (#18088387)
> I wonder if the Tesla board is thinking of doing an Uber and replace Musk with a more calmer executive! Wouldn't be surprised if he gets fired after this.

I would be. They have stood by him so far, this isn't going to push them over the edge. Besides, who would they replace him with?

If the SEC fines him, he'll pay the fine and get on with his life.

Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ... by jacquesm on Thursday September 27, 2018 @05:57PM (#18089150)
> If the SEC fines him, he'll pay the fine and get on with his life.

There are other options on the menu: jail time.

Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ... by webXL on Thursday September 27, 2018 @06:15PM (#18089282)
This is a civil case, but the DOJ is investigating as well, so you might be right.
Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ... by quirkot on Thursday September 27, 2018 @04:44PM (#18088453)
Unless they ban him from being an executive at a publicly traded company
Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ... by londons_explore on Thursday September 27, 2018 @05:31PM (#18088923)
Couldn't he assign the janitor to be the official 'CEO', but then give himself title of 'Visionary' and still make all the decisions?
Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ... by jonknee on Thursday September 27, 2018 @05:35PM (#18088976)
The SEC would not find this amusing.
Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ... by blotter_paper on Thursday September 27, 2018 @05:52PM (#18089109)
Putin would!
Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ... by dang on Saturday September 29, 2018 @02:31AM (#18099020)
Please don't do this here.
Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ... by MPSimmons on Thursday September 27, 2018 @05:45PM (#18089057)
Part of being a visionary CEO is making choices that other people don't like, and sticking with them. As a janitor, you can suggest all you want, but unless you're on the Board, you can't force things through (unless you rely on backchannel bribery or coercion or other unsavory means).
Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ... by dragontamer on Thursday September 27, 2018 @07:05PM (#18089656)
Musk is also on the board.

But the SEC is also seeking to remove him from the board of any public company. So he'd lose his chair and the CEO position in this single case.