SEC Sues Musk and Seeks Ban for His Tweets on Go-Private Deal

Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ... by Rooster61 on Thursday September 27, 2018 @05:40PM (#18089012)

Musk wasn't a founding member of Tesla. In fact, not all of the founders of Tesla were big fans of Musk's hire.

Your point is valid though, and I do think someone could go in there and take over his job effectively. That doesn't mean there won't be a period of relative instability while that transition takes place.

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Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ... by monocasa on Thursday September 27, 2018 @05:52PM (#18089108)

Everywhere I've seen says that he's a co-founder of Tesla.

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Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ... by plorkyeran on Thursday September 27, 2018 @05:57PM (#18089152)

Martin Eberhard and Marc Tarpenning founded Tesla. Elon Musk joined the board as part of their Series A a year later, and then became the CEO a few years after that.

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Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ... by dragonwriter on Thursday September 27, 2018 @10:23PM (#18090508)

That's because after he took over complete control he retroactively titled himself a “founder” even though he was not, in fact, involved in founding the company (he was the leading funder of their Series A, and has been the main stockholder since then, but “funder” and “founder” aren't the same thing.)

Musk may be brilliant, but he's got a long history of a slippery relationship with the truth.

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Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ... by memmcgee on Thursday September 27, 2018 @10:16PM (#18090478)

That's because his PR team has pushed that narrative for years. He wasn't a founder however.

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