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A comment on SEC settlement sends Tesla stock soaring.

Re:SEC settlement sends Tesla stock soaring by UpshotKnothole on Monday October 01, 2018 @01:13PM (#18114652)
What an asshole, and what a stupid thing to do. He has a responsibility to the company and not just his immense ego, and that responsibility is long term. Taunting the SEC while still under DOJ investigation and facing a number of lawsuits is reckless, obnoxious, counterproductive, and borderline sociopathic.
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Re:SEC settlement sends Tesla stock soaring by everybodyknows on Monday October 01, 2018 @01:45PM (#18114983)
Note the bit about agreeing to nominate two independent directors to replace himself:

>Musk's settlement with the SEC requires him to give up his position as chairman of Tesla's board for three years.

>Tesla will also be required to appoint two additional board members who are independent of Elon Musk

Prediction: Next crisis comes when, after maximum stalling, he nominates weak shills. Ball back to the SEC.

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Re:SEC settlement sends Tesla stock soaring by scythe on Monday October 01, 2018 @01:59PM (#18115124)
I think that Musk's "taunt" is exaggerated. It can easily be read as a way of reinforcing his personal "brand" contra his apparent genuflection to the SEC. (And if Musk's reputation is so important to Tesla as some believe, it makes sense.)
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Re:SEC settlement sends Tesla stock soaring by autokad on Monday October 01, 2018 @01:51PM (#18115035)
well, after a tweet that costed that much money, i would probably never tweet again if I were him. however, it was a naughty by nature youtube link, so I guess that is rather harmless
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Re:SEC settlement sends Tesla stock soaring by toomuchtodo on Monday October 01, 2018 @05:57PM (#18117183)
The fine was roughly 0.1% of his net worth. Seems negligible, from a relative perspective.
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Re:SEC settlement sends Tesla stock soaring by tuesdayrain on Monday October 01, 2018 @07:26PM (#18117643)
He probably sees his net worth fluctuate more than that every day purely due to investments.
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Re:SEC settlement sends Tesla stock soaring by UpshotKnothole on Monday October 01, 2018 @07:40PM (#18117708)
Yeah, being booted off the board, required to install two independent board members, and facing a criminal investigation are probably the bigger deals than the cash.
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