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A comment on SEC Sues Musk and Seeks Ban for His Tweets on Go-Private Deal. Parent comment

Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ... by diminoten on Thursday September 27, 2018 @08:08PM (#18089959)
That's good to know -- I think, based on some random article I read a month ago or so, he can beat that charge, because he had concrete knowledge about the Saudi Sovereign Wealth Fund being interested in helping take Tesla private.

Again, I could be wrong, and I really wish I could remember where I found that article...

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Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ... by RussianCow on Thursday September 27, 2018 @08:45PM (#18090136)
Musk's tweet said "Funding secured", which has a very different implication than a company simply "being interested".
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Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ... by MBCook on Thursday September 27, 2018 @09:58PM (#18090403)
Right. If he was just complaining and said he was only thinking of taking it private and talking to people he could probably get away with it.

Instead he said he heavily implied that he would take it private and already had all the money he needed from various investors.

There’s a world of difference between those two statements.

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Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ... by village-idiot on Friday September 28, 2018 @12:48AM (#18091157)
He also went on to say a number of things that his board advised were probably impossible, such as bringing all investors along with him if Tesla went private.
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